Fairway Wealth LLC Has $2.48 Million Holdings in Vanguard Total Bond Market ETF $BND

Fairway Wealth LLC lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 38.4% in the 3rd quarter, Holdings Channel reports. The fund owned 33,322 shares of the company’s stock after buying an additional 9,250 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.5% of Fairway Wealth LLC’s investment portfolio, making the stock its 26th biggest holding. Fairway Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,478,000 as of its most recent filing with the SEC.

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

Vanguard Total Bond Market ETF Stock Up 0.3%

NASDAQ:BND opened at $74.14 on Thursday. Vanguard Total Bond Market ETF has a fifty-two week low of $71.41 and a fifty-two week high of $75.15. The stock’s 50-day moving average is $74.26 and its two-hundred day moving average is $74.07.

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.