Vanguard Total Bond Market ETF (NYSEARCA:BND) Shares Acquired by Summit Financial LLC

Summit Financial LLC grew its stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 20.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,976 shares of the company’s stock after purchasing an additional 2,387 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 0.2% of Summit Financial LLC’s holdings, making the stock its 19th biggest holding. Summit Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,385,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BND. FMR LLC raised its stake in Vanguard Total Bond Market ETF by 310.2% during the first quarter. FMR LLC now owns 8,311 shares of the company’s stock worth $675,000 after acquiring an additional 6,285 shares during the period. South Texas Money Management Ltd. raised its stake in Vanguard Total Bond Market ETF by 6.3% during the second quarter. South Texas Money Management Ltd. now owns 73,259 shares of the company’s stock worth $6,086,000 after acquiring an additional 4,336 shares during the period. ELM Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 3.0% during the second quarter. ELM Advisors LLC now owns 8,375 shares of the company’s stock worth $696,000 after acquiring an additional 240 shares during the period. Foundations Investment Advisors LLC acquired a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $553,000. Finally, First American Trust FSB acquired a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $245,000.

BND traded down $0.08 on Friday, hitting $83.39. 2,130,586 shares of the company’s stock were exchanged, compared to its average volume of 2,796,480. Vanguard Total Bond Market ETF has a twelve month low of $77.57 and a twelve month high of $85.30. The stock has a fifty day moving average of $84.23 and a two-hundred day moving average of $83.15.

About Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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