Retirement Systems of Alabama Purchases 4,518,295 Shares of Vanguard Total Bond Market ETF $BND

Retirement Systems of Alabama lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 140.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,744,646 shares of the company’s stock after buying an additional 4,518,295 shares during the quarter. Vanguard Total Bond Market ETF comprises 1.6% of Retirement Systems of Alabama’s investment portfolio, making the stock its 12th largest holding. Retirement Systems of Alabama’s holdings in Vanguard Total Bond Market ETF were worth $543,287,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Jim Saulnier & Associates LLC increased its stake in shares of Vanguard Total Bond Market ETF by 5.8% during the 3rd quarter. Jim Saulnier & Associates LLC now owns 119,501 shares of the company’s stock worth $8,383,000 after purchasing an additional 6,500 shares during the last quarter. Burton Enright Welch raised its holdings in shares of Vanguard Total Bond Market ETF by 282.6% during the 3rd quarter. Burton Enright Welch now owns 28,807 shares of the company’s stock valued at $2,021,000 after purchasing an additional 21,277 shares in the last quarter. Bryn Mawr Trust Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 3.1% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 1,411,872 shares of the company’s stock valued at $99,043,000 after purchasing an additional 42,244 shares in the last quarter. Bear Mountain Capital Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 51,233.3% in the 3rd quarter. Bear Mountain Capital Inc. now owns 4,620 shares of the company’s stock valued at $327,000 after purchasing an additional 4,611 shares during the last quarter. Finally, Hohimer Wealth Management LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 1.8% in the 3rd quarter. Hohimer Wealth Management LLC now owns 35,203 shares of the company’s stock valued at $2,469,000 after purchasing an additional 613 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.0%

Shares of NASDAQ:BND opened at $71.62 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $69.65 and a 1 year high of $75.23. The firm has a fifty day moving average price of $71.01 and a 200 day moving average price of $72.80.

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.