Seros Financial LLC Raises Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Seros Financial LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,830 shares of the company’s stock after acquiring an additional 4,496 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 2.6% of Seros Financial LLC’s holdings, making the stock its 14th biggest holding. Seros Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,440,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BND. Essential Planning LLC. increased its holdings in Vanguard Total Bond Market ETF by 6,541.0% during the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after buying an additional 45,154,186 shares during the period. Wealthfront Advisers LLC increased its holdings in Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after buying an additional 28,060,256 shares during the period. Sagespring Wealth Partners LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $1,234,246,000. JPMorgan Chase & Co. increased its holdings 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 valued at $4,173,907,000 after buying an additional 8,312,317 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.96 on Friday. The company’s 50 day moving average is $72.56 and its 200 day moving average is $72.62. Vanguard Total Bond Market ETF has a 52-week low of $71.10 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a dividend of $0.2403 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, June 2nd.

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.