Silverlake Wealth Management LLC Trims Holdings in Vanguard Total Bond Market ETF $BND

Silverlake Wealth Management LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 58.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 12,149 shares of the company’s stock after selling 17,265 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $904,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BND. Financial Gravity Companies Inc. purchased a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth $34,000. Painted Porch Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 688.7% in the second quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 427 shares during the period. Opal Wealth Advisors LLC increased its position in Vanguard Total Bond Market ETF by 69.8% during the second quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock worth $36,000 after purchasing an additional 203 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Vanguard Total Bond Market ETF by 189.3% during the second quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock worth $42,000 after purchasing an additional 371 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $44,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $74.43 on Thursday. The company has a 50 day simple moving average of $74.29 and a 200-day simple moving average of $74.04. Vanguard Total Bond Market ETF has a 1 year low of $71.41 and a 1 year high of $75.15.

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.