Single Point Partners LLC Buys 505 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Single Point Partners LLC boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 26,366 shares of the company’s stock after buying an additional 505 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 0.4% of Single Point Partners LLC’s portfolio, making the stock its 29th biggest position. Single Point Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,937,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of BND. Essential Planning LLC. boosted its position in Vanguard Total Bond Market ETF by 6,541.0% in the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after purchasing an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% during the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after purchasing an additional 28,060,256 shares during the period. Sagespring Wealth Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,234,246,000. JPMorgan Chase & Co. grew its position in Vanguard Total Bond Market ETF by 11.3% during the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after buying an additional 10,057,150 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Vanguard Total Bond Market ETF by 16.7% during the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after buying an additional 8,312,317 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.5%

Shares of BND stock opened at $72.21 on Monday. Vanguard Total Bond Market ETF has a 52 week low of $71.10 and a 52 week high of $75.67. The firm’s 50-day simple moving average is $72.63 and its two-hundred day simple moving average is $72.62.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.2403 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost 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.