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AdvisorNet Financial Adds $7.4 Million to Vanguard Total Bond Market ETF

TheMotleyFool

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AdvisorNet Financial Adds $7.4 Million to Vanguard Total Bond Market ETF

On Thursday, AdvisorNet Financial disclosed the purchase of 100,255 shares of the Vanguard Total Bond Market ETF (NASDAQ:BND) for an estimated $7.4 million in the third quarter.

According to a filing with the Securities and Exchange Commission released on Thursday, AdvisorNet Financial purchased 100,255 additional shares of the Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter. The estimated value of the trade, calculated using the average closing price for the quarter, was $7.4 million. This brought the total position to 308,749 shares as of September 30.

The BND stake now represents 1.3% of AdvisorNet Financial reported assets.

Source Fool.com