Fonville Wealth Management LLC Acquires 31,235 Shares of Vanguard Total Bond Market ETF $BND

Fonville Wealth Management LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 305,648 shares of the company’s stock after acquiring an additional 31,235 shares during the period. Vanguard Total Bond Market ETF makes up 5.7% of Fonville Wealth Management LLC’s holdings, making the stock its 2nd largest position. Fonville Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $22,505,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 purchasing an additional 1,988,719 shares in the last quarter. JPMorgan Chase & Co. grew its position in Vanguard Total Bond Market ETF by 4.2% in the 1st 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 in the last quarter. Vanguard Group Inc. increased its stake in Vanguard Total Bond Market ETF by 8.2% during the 1st 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 period. Envestnet Asset Management Inc. raised its position in shares of Vanguard Total Bond Market ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,910,927 shares of the company’s stock worth $1,539,389,000 after buying an additional 659,542 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 3.1% in the 1st quarter. LPL Financial LLC now owns 15,761,081 shares of the company’s stock worth $1,157,651,000 after acquiring an additional 469,511 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.1%

Vanguard Total Bond Market ETF stock opened at $74.33 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.15. The firm has a 50 day simple moving average of $74.47 and a 200-day simple moving average of $73.50.

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.