Summit Wealth Group LLC Sells 109,926 Shares of Vanguard Total Bond Market ETF $BND

Summit Wealth Group LLC decreased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 349,073 shares of the company’s stock after selling 109,926 shares during the period. Vanguard Total Bond Market ETF comprises 6.6% of Summit Wealth Group LLC’s holdings, making the stock its 2nd largest position. Summit Wealth Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $25,702,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Cheviot Value Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Vanguard Total Bond Market ETF by 96.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock worth $35,000 after buying an additional 232 shares during the period. Painted Porch Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 688.7% during the 2nd quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock worth $36,000 after buying an additional 427 shares during the period. Opal Wealth Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 69.8% in the 2nd quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 189.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $42,000 after purchasing an additional 371 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND opened at $74.08 on Thursday. The business’s 50-day moving average price is $74.45 and its two-hundred day moving average price is $73.47. Vanguard Total Bond Market ETF has a 1 year low of $71.10 and a 1 year high of $75.15.

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.