Truist Financial Corp Purchases 1,249,619 Shares of Vanguard Total Bond Market ETF $BND

Truist Financial Corp boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 85.9% during the second quarter, HoldingsChannel reports. The fund owned 2,704,304 shares of the company’s stock after buying an additional 1,249,619 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Total Bond Market ETF were worth $199,118,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Cheviot Value Management LLC bought a new position in Vanguard Total Bond Market ETF in the 1st quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 96.3% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock valued at $35,000 after acquiring an additional 232 shares in the last quarter. Painted Porch Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 688.7% in the 2nd quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock valued at $36,000 after acquiring an additional 427 shares in the last quarter. Opal Wealth Advisors LLC boosted its position in shares of Vanguard Total Bond Market ETF by 69.8% during the 2nd quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock valued at $36,000 after acquiring an additional 203 shares during the last quarter. Finally, Proathlete Wealth Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the first quarter worth about $39,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $74.37 on Wednesday. The company’s 50 day moving average is $73.84 and its 200 day moving average is $73.17. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.26.

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.