Apella Sells $10.8 Million in International Bond ETF and Buys Domestic Bonds

Connecticut-based wealth manager Apella Capital reported selling 219,555 shares of the Vanguard Total International Bond ETF (BNDX) for an estimated $10.8 million in the third quarter.According to a U.S. Securities and Exchange Commission filing released on Friday, Apella Capital reduced its position in the Vanguard Total International Bond ETF (BNDX) by 219,555 shares during the third quarter. The estimated value of shares sold, calculated using the average closing price for the period, was approximately $10.8 million. After the transaction, Apella Capital reported holding nearly 1.2 million shares of BNDX.The filing reflects a net reduction of Apella's BNDX position, which now represents 1.3% of Apella Capital’s $4.5 billion in reportable U.S. equity assets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool