Trellis Wealth Advisors LLC Has $9.09 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Trellis Wealth Advisors LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,356 shares of the company’s stock after buying an additional 10,349 shares during the period. Vanguard Total Bond Market ETF accounts for 4.6% of Trellis Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. Trellis Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after buying an additional 4,687,550 shares in the last quarter. Allworth Financial LP raised its stake in Vanguard Total Bond Market ETF by 9.4% in the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after buying an additional 1,664,458 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after buying an additional 518,083 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after buying an additional 548,650 shares in the last quarter. Finally, Arizona PSPRS Trust grew its holdings in Vanguard Total Bond Market ETF by 0.9% in the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after purchasing an additional 59,774 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.4 %

BND stock opened at $72.76 on Friday. The firm has a 50 day moving average price of $72.09 and a 200-day moving average price of $73.29. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2348 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 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.