Stephens Consulting LLC Buys 137,023 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Stephens Consulting LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 47.1% in the 1st quarter, Holdings Channel reports. The firm owned 428,149 shares of the company’s stock after purchasing an additional 137,023 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 9.5% of Stephens Consulting LLC’s portfolio, making the stock its 3rd biggest position. Stephens Consulting LLC’s holdings in Vanguard Total Bond Market ETF were worth $31,096,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in BND. Hsbc Holdings PLC acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $201,000. Ironwood Investment Counsel LLC acquired a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $202,000. Rehmann Capital Advisory Group grew its stake in shares of Vanguard Total Bond Market ETF by 4.2% during the third quarter. Rehmann Capital Advisory Group now owns 44,770 shares of the company’s stock valued at $3,124,000 after acquiring an additional 1,805 shares in the last quarter. Waverly Advisors LLC increased its holdings in Vanguard Total Bond Market ETF by 10.8% during the 3rd quarter. Waverly Advisors LLC now owns 5,445 shares of the company’s stock worth $380,000 after purchasing an additional 530 shares during the last quarter. Finally, United Services Automobile Association increased its stake in shares of Vanguard Total Bond Market ETF by 5.3% in the third quarter. United Services Automobile Association now owns 201,017 shares of the company’s stock worth $14,027,000 after buying an additional 10,144 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.5 %

NASDAQ BND traded down $0.34 on Friday, hitting $72.05. 4,824,520 shares of the stock traded hands, compared to its average volume of 7,130,046. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $73.92. The stock has a 50-day moving average of $71.73 and a 200 day moving average of $72.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.219 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.21. The ex-dividend date was Monday, June 3rd.

Vanguard Total Bond Market ETF Profile

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.