Ramiah Investment Group Takes $3.80 Million Position in Vanguard Total Bond Market ETF $BND

Ramiah Investment Group acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 51,042 shares of the company’s stock, valued at approximately $3,796,000. Vanguard Total Bond Market ETF comprises about 3.8% of Ramiah Investment Group’s holdings, making the stock its 7th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Vanguard Total Bond Market ETF by 21.9% during the second quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after acquiring an additional 22,636,769 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 2.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 122,402,361 shares of the company’s stock worth $9,012,486,000 after purchasing an additional 3,485,369 shares during the period. Creative Planning grew its holdings in shares of Vanguard Total Bond Market ETF by 5.8% during the 2nd quarter. Creative Planning now owns 114,896,140 shares of the company’s stock worth $8,459,803,000 after purchasing an additional 6,332,554 shares during the period. Vanguard Group Inc. increased its position in Vanguard Total Bond Market ETF by 7.0% during the 2nd quarter. Vanguard Group Inc. now owns 67,194,503 shares of the company’s stock worth $4,947,531,000 after purchasing an additional 4,407,252 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Vanguard Total Bond Market ETF by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 20,910,927 shares of the company’s stock valued at $1,539,389,000 after buying an additional 659,542 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.2%

Shares of BND stock opened at $74.13 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.15. The firm’s 50 day moving average price is $74.29 and its two-hundred day moving average price is $74.01.

Vanguard Total Bond Market ETF 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.