Lowery Thomas LLC Increases Stake in Vanguard Total Bond Market ETF $BND

Lowery Thomas LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.4% in the second quarter, Holdings Channel reports. The institutional investor owned 47,365 shares of the company’s stock after acquiring an additional 3,243 shares during the period. Vanguard Total Bond Market ETF comprises about 2.2% of Lowery Thomas LLC’s portfolio, making the stock its 13th biggest holding. Lowery Thomas LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,487,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Total Bond Market ETF by 1.7% during the first 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 during the last quarter. JPMorgan Chase & Co. increased its holdings 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 buying an additional 4,139,203 shares during the last quarter. Vanguard Group Inc. increased its holdings 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 buying an additional 4,743,753 shares during the last quarter. Allworth Financial LP increased its holdings 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 buying an additional 193,124 shares during the last quarter. Finally, Sagespring Wealth Partners LLC increased its stake in shares of Vanguard Total Bond Market ETF by 1.9% in the first quarter. Sagespring Wealth Partners LLC now owns 17,485,429 shares of the company’s stock worth $1,284,305,000 after purchasing an additional 321,672 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $74.37 on Wednesday. The firm has a fifty day moving average price of $73.84 and a 200-day moving average price of $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.