Riversedge Advisors LLC Decreases Stock Holdings in Vanguard Total Bond Market ETF $BND

Riversedge Advisors LLC cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 510,243 shares of the company’s stock after selling 57,027 shares during the period. Vanguard Total Bond Market ETF accounts for 4.4% of Riversedge Advisors LLC’s holdings, making the stock its 6th biggest holding. Riversedge Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $35,794,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TOP Private Wealth LLC. purchased a new stake in Vanguard Total Bond Market ETF during the 2nd quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $26,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 159.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after acquiring an additional 238 shares during the last quarter. AG Campbell Advisory LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $50,000. Finally, Brown Lisle Cummings Inc. purchased a new position in Vanguard Total Bond Market ETF during the second quarter valued at $50,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND traded down $0.04 on Friday, reaching $70.17. The company had a trading volume of 4,556,367 shares, compared to its average volume of 9,014,387. Vanguard Total Bond Market ETF has a 12 month low of $69.65 and a 12 month high of $75.23. The firm’s 50 day moving average price is $71.58 and its 200 day moving average price is $72.64.

Vanguard Total Bond Market ETF Company 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.