Pure Financial Advisors LLC Buys 374,090 Shares of Vanguard Total Bond Market ETF $BND

Pure Financial Advisors LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 6,753,466 shares of the company’s stock after purchasing an additional 374,090 shares during the quarter. Vanguard Total Bond Market ETF comprises about 8.8% of Pure Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Pure Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $497,258,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 8.2% during the first quarter. Vanguard Group Inc. now owns 62,787,251 shares of the company’s stock worth $4,611,723,000 after buying an additional 4,743,753 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 4.2% during the first quarter. JPMorgan Chase & Co. now owns 103,233,592 shares of the company’s stock worth $7,582,692,000 after buying an additional 4,139,203 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Total Bond Market ETF by 1.7% during 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 buying an additional 1,988,719 shares during the period. Garde Capital Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF during the first quarter worth approximately $115,116,000. Finally, Truist Financial Corp increased its stake in shares of Vanguard Total Bond Market ETF by 85.9% during the second quarter. Truist Financial Corp now owns 2,704,304 shares of the company’s stock worth $199,118,000 after buying an additional 1,249,619 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $74.32 on Thursday. The company’s 50 day moving average price is $73.87 and its 200 day moving average price is $73.18. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.00.

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.