Vanguard Group Inc. Has $2.71 Billion Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Vanguard Group Inc. lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 20.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,326,573 shares of the company’s stock after purchasing an additional 6,253,040 shares during the period. Vanguard Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,711,029,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BND. BKM Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $81,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 90.3% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after purchasing an additional 176 shares during the last quarter. Sterling Investment Counsel LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $205,000. GPS Wealth Strategies Group LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $414,000. Finally, Wealthsource Partners LLC raised its stake in shares of Vanguard Total Bond Market ETF by 31.6% during the fourth quarter. Wealthsource Partners LLC now owns 49,305 shares of the company’s stock worth $3,626,000 after buying an additional 11,845 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.3 %

NASDAQ BND traded down $0.19 during trading hours on Friday, hitting $72.72. The company’s stock had a trading volume of 5,593,079 shares, compared to its average volume of 6,979,247. 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 fifty day moving average of $72.15 and a 200 day moving average of $72.13.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a $0.2207 dividend. The ex-dividend date of this dividend was Monday, July 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

About Vanguard Total Bond Market ETF

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.