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Sun Sep 15 15:55:04 UTC 2024: ## GHP Investment Advisors Reduces Stake in Vanguard Total Bond Market ETF (BND)
**New York, NY – September 15, 2024** – GHP Investment Advisors Inc. has announced a reduction in its holdings of Vanguard Total Bond Market ETF (BND), selling off 763 shares in the second quarter. The firm now owns 2,668 shares of the ETF, representing a 22.2% decrease in their position. This move comes as other major investors have adjusted their stakes in the bond ETF, some increasing their holdings.
Essex Financial Services Inc. boosted its stake in BND by 4.9% in the second quarter, while Paulson Wealth Management Inc., Cahaba Wealth Management Inc., and Hill Investment Group Partners LLC all increased their holdings in the fourth and second quarters, respectively. Security Financial Services INC. also increased its stake in the first quarter.
Despite the varied investor activity, BND opened at $75.44 on Friday, with a twelve-month low of $67.99 and a twelve-month high of $75.52.
BND, which tracks a broad index of US dollar-denominated, investment-grade, fixed-income securities, launched in April 2007 and is managed by Vanguard. The ETF is a popular choice for investors seeking broad exposure to the US bond market.
For more information on hedge fund holdings of BND, visit HoldingsChannel.com.