Stephens Consulting LLC Reduces Position in Vanguard Total Bond Market ETF $BND

Stephens Consulting LLC decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 550,751 shares of the company’s stock after selling 15,663 shares during the period. Vanguard Total Bond Market ETF accounts for about 9.6% of Stephens Consulting LLC’s investment portfolio, making the stock its 2nd largest holding. Stephens Consulting LLC’s holdings in Vanguard Total Bond Market ETF were worth $40,552,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. Cheviot Value Management LLC bought a new stake in Vanguard Total Bond Market ETF during the first quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Vanguard Total Bond Market ETF by 96.3% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock worth $35,000 after purchasing an additional 232 shares in the last quarter. Painted Porch Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 688.7% during the second quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 427 shares in the last quarter. Opal Wealth Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 69.8% during the second quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock worth $36,000 after purchasing an additional 203 shares in the last quarter. Finally, Proathlete Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF during the first quarter worth approximately $39,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $74.52 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $71.10 and a 12 month high of $74.92. The stock’s 50 day moving average price is $74.02 and its 200 day moving average price is $73.24.

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.