Penserra Capital Management LLC Invests $11.43 Million in Vanguard Total Bond Market ETF $BND

Penserra Capital Management LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the second quarter, HoldingsChannel reports. The firm purchased 155,224 shares of the company’s stock, valued at approximately $11,429,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Vanguard Total Bond Market ETF by 8.2% in the 1st quarter. Vanguard Group Inc. now owns 62,787,251 shares of the company’s stock valued at $4,611,723,000 after buying an additional 4,743,753 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Total Bond Market ETF by 4.2% in the first quarter. JPMorgan Chase & Co. now owns 103,233,592 shares of the company’s stock valued at $7,582,692,000 after purchasing an additional 4,139,203 shares during the period. Assetmark Inc. grew its stake in Vanguard Total Bond Market ETF by 98.1% in the second quarter. Assetmark Inc. now owns 4,160,401 shares of the company’s stock worth $306,330,000 after purchasing an additional 2,060,045 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Total Bond Market ETF by 1.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 118,916,992 shares of the company’s stock worth $8,734,453,000 after purchasing an additional 1,988,719 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its holdings in Vanguard Total Bond Market ETF by 118.7% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 3,109,636 shares of the company’s stock worth $228,962,000 after purchasing an additional 1,687,552 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of NASDAQ BND opened at $74.33 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.15. The business has a fifty day simple moving average of $74.47 and a two-hundred day simple moving average of $73.50.

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.