First Business Financial Services’s Vanguard Total Bond Market BND Stock Holding History

First Business Financial Services’s Portfolio BND Stock Details BND Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-3,440	Closed	-$272K	–	108
2018 Q4	$272K	Buy	+3,440	New	+$269K	0.05%	123
2018 Q1	–	Sell	-301,093	Closed	-$24.6M	–	81
2017 Q4	$24.6M	Buy	301,093 +8,753	+3%	+$715K	4.5%	6
2017 Q3	$24M	Buy	292,340 +8,482	+3%	+$696K	4.76%	6
2017 Q2	$23.2M	Buy	283,858 +6,221	+2%	+$508K	4.77%	6
2017 Q1	$22.5M	Buy	277,637 +26,075	+10%	+$2.11M	4.75%	6
2016 Q4	$20.3M	Buy	251,562 +12,969	+5%	+$1.06M	4.71%	6
2016 Q3	$20.1M	Buy	238,593 +8,920	+4%	+$751K	4.91%	6
2016 Q2	$19.4M	Buy	229,673 +116,041	+102%	+$9.64M	4.98%	8
2016 Q1	$9.41M	Sell	113,632 -121,743	-52%	-$9.96M	2.56%	12
2015 Q4	$19M	Buy	+235,375	New	+$19.2M	5.69%	6
2014 Q3	–	Sell	-4,620	Closed	-$380K	–	74
2014 Q2	$380K	Sell	4,620 -9,749	-68%	-$797K	0.14%	16
2014 Q1	$1.17M	Sell	14,369 -146,921	-91%	-$11.9M	0.46%	13
2013 Q4	$12.9M	Buy	+161,290	New	+$13M	5.37%	6

Other funds holding BND

Jones Financial Companies Des Peres, Missouri $208B AUM 16.12% 1-Year Est. Return

MFRM

Milliman Financial Risk Management Chicago, Illinois $6.4B AUM 12.26% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $162B AUM 16.35% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

QS Investors New York $8.47B AUM 30.71% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

SEI Investments Oaks, Pennsylvania $108B AUM 26.14% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

First Business Financial Services's BND Position: Q1 2019 in Review

First Business Financial Services sold out of Vanguard Total Bond Market (BND) in Q1 2019, closing a stake of 3,440 shares — an estimated $272K sold.

First Business Financial Services first reported a position in BND in Q4 2013 and held it in 13 quarters. The position peaked at $24.6M in Q4 2017. 748 funds tracked by Wall St. Rank hold BND as of Q1 2019.

First Business Financial Services reported no remaining Vanguard Total Bond Market position as of Q1 2019 after selling out during the quarter.
First Business Financial Services sold 3,440 Vanguard Total Bond Market shares in Q1 2019, an estimated $272K.
First Business Financial Services first reported a position in Vanguard Total Bond Market in Q4 2013 and held it in 13 quarters.
First Business Financial Services's Vanguard Total Bond Market position peaked at $24.6M in Q4 2017.
748 funds tracked by Wall St. Rank held Vanguard Total Bond Market as of Q1 2019.

Based on First Business Financial Services's 13F filing for Q1 2019, filed 3 May 2019.