Vanguard Total Bond Market ETF $BND Shares Newly Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 33,861 shares of the company’s stock, valued at approximately $2,375,000.

Other institutional investors have also added to or reduced their stakes in the company. Retirement Systems of Alabama increased its holdings in shares of Vanguard Total Bond Market ETF by 140.0% during the third quarter. Retirement Systems of Alabama now owns 7,744,646 shares of the company’s stock valued at $543,287,000 after acquiring an additional 4,518,295 shares in the last quarter. Allworth Financial LP boosted its stake in Vanguard Total Bond Market ETF by 22.2% in the 3rd quarter. Allworth Financial LP now owns 23,054,012 shares of the company’s stock worth $1,692,395,000 after purchasing an additional 4,185,827 shares in the last quarter. Armstrong Advisory Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 243.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 2,989,249 shares of the company’s stock worth $209,696,000 after purchasing an additional 2,119,510 shares in the last quarter. Verus Financial Partners Inc. acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $125,606,000. Finally, Bank of America Corp DE boosted its stake in Vanguard Total Bond Market ETF by 7.2% in the 1st quarter. Bank of America Corp DE now owns 25,672,831 shares of the company’s stock worth $1,890,547,000 after purchasing an additional 1,720,405 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1%

NASDAQ:BND traded down $0.09 during trading hours on Friday, hitting $70.56. 7,911,348 shares of the company were exchanged, compared to its average volume of 9,259,778. Vanguard Total Bond Market ETF has a 52-week low of $69.65 and a 52-week high of $75.23. The company’s 50 day moving average price is $70.92 and its 200-day moving average price is $72.73.

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.