IFP Advisors Inc Reduces Stock Position in Vanguard Total Bond Market ETF $BND

IFP Advisors Inc lessened its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 151,719 shares of the company’s stock after selling 37,565 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Total Bond Market ETF were worth $11,171,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. True Link Financial Advisors LLC purchased a new position in Vanguard Total Bond Market ETF in the second quarter valued at $239,000. Leo Wealth LLC increased its holdings in Vanguard Total Bond Market ETF by 60.2% in the second quarter. Leo Wealth LLC now owns 20,895 shares of the company’s stock valued at $1,538,000 after buying an additional 7,855 shares during the last quarter. US Bancorp DE increased its holdings in Vanguard Total Bond Market ETF by 4.4% in the second quarter. US Bancorp DE now owns 623,297 shares of the company’s stock valued at $45,893,000 after buying an additional 26,374 shares during the last quarter. Golden Reserve Retirement LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the second quarter worth about $267,000. Finally, L.K. Benson & Company P.C. grew its holdings in shares of Vanguard Total Bond Market ETF by 23.5% during the second quarter. L.K. Benson & Company P.C. now owns 86,793 shares of the company’s stock worth $6,390,000 after purchasing an additional 16,538 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of BND stock opened at $74.23 on Friday. The stock’s 50-day moving average is $74.00 and its two-hundred day moving average is $73.22. Vanguard Total Bond Market ETF has a 1 year low of $71.10 and a 1 year high of $74.92.

Vanguard Total Bond Market ETF Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.