Quadrant Private Wealth Management LLC Invests $1.02 Million in Vanguard Total Bond Market ETF $BND

Quadrant Private Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the second quarter, Holdings Channel reports. The firm bought 13,858 shares of the company’s stock, valued at approximately $1,020,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings 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 worth $8,734,453,000 after acquiring an additional 1,988,719 shares in the last quarter. JPMorgan Chase & Co. grew 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 in the last quarter. Vanguard Group Inc. increased its position in Vanguard Total Bond Market ETF by 8.2% in the first quarter. Vanguard Group Inc. now owns 62,787,251 shares of the company’s stock worth $4,611,723,000 after purchasing an additional 4,743,753 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Total Bond Market ETF by 3.3% during the second quarter. Envestnet Asset Management Inc. now owns 20,910,927 shares of the company’s stock valued at $1,539,389,000 after purchasing an additional 659,542 shares in the last quarter. Finally, LPL Financial LLC raised its stake 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 $74.33 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $71.10 and a 52 week high of $75.15. The firm has a fifty day simple moving average of $74.47 and a two-hundred day simple moving average of $73.49.

About Vanguard Total Bond Market ETF

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.