Kraft Davis & Associates LLC Lowers Stock Position in Vanguard Total Bond Market ETF $BND

Kraft Davis & Associates LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 43.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,609 shares of the company’s stock after selling 2,815 shares during the quarter. Kraft Davis & Associates LLC’s holdings in Vanguard Total Bond Market ETF were worth $263,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Total Bond Market ETF by 1.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 118,916,992 shares of the company’s stock valued at $8,734,453,000 after buying an additional 1,988,719 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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 valued at $7,582,692,000 after purchasing an additional 4,139,203 shares in the last quarter. Vanguard Group Inc. raised its position in 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 valued at $4,611,723,000 after purchasing an additional 4,743,753 shares in the last quarter. Allworth Financial LP raised its position in Vanguard Total Bond Market ETF by 1.0% during the first quarter. Allworth Financial LP now owns 19,514,987 shares of the company’s stock valued at $1,423,423,000 after purchasing an additional 193,124 shares in the last quarter. Finally, LPL Financial LLC raised its position in Vanguard Total Bond Market ETF by 3.1% during the first quarter. LPL Financial LLC now owns 15,761,081 shares of the company’s stock valued at $1,157,651,000 after purchasing an additional 469,511 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $74.98 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.00. The stock’s 50-day moving average is $74.11 and its 200 day moving average is $73.28.

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.