Vanguard Total Bond Market ETF $BND Position Lessened by Patriot Investment Management Group Inc.

Patriot Investment Management Group Inc. reduced its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,930,444 shares of the company’s stock after selling 15,125 shares during the quarter. Vanguard Total Bond Market ETF comprises about 7.9% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 2nd biggest holding. Patriot Investment Management Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $135,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in BND. DiPaolo Financial Group Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $1,506,000. DMC Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth about $539,000. Capital Asset Advisory Services LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 81.8% during the 1st quarter. Capital Asset Advisory Services LLC now owns 533,714 shares of the company’s stock worth $39,500,000 after acquiring an additional 240,150 shares in the last quarter. McNaughton Wealth Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 7.7% during the 3rd quarter. McNaughton Wealth Management LLC now owns 363,202 shares of the company’s stock valued at $25,479,000 after acquiring an additional 25,966 shares during the period. Finally, Waverly Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 11.0% during the 2nd quarter. Waverly Advisors LLC now owns 380,234 shares of the company’s stock valued at $27,913,000 after acquiring an additional 37,835 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $70.81 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $69.65 and a twelve month high of $75.23. The business has a 50-day moving average price of $71.38 and a 200 day moving average price of $72.54.

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.