Madrona Financial Services LLC Invests $11.55 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

Madrona Financial Services LLC purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 157,284 shares of the company’s stock, valued at approximately $11,553,000. Vanguard Total Bond Market ETF comprises about 3.2% of Madrona Financial Services LLC’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of 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 worth $7,125,878,000 after purchasing an additional 10,057,150 shares during the period. Vanguard Group Inc. grew its position 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 in the last quarter. Essential Planning LLC. grew its position 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 worth $3,352,920,000 after buying an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC increased its stake in 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 acquiring an additional 28,060,256 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in Vanguard Total Bond Market ETF by 6.2% in the 4th quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock valued at $1,698,399,000 after acquiring an additional 1,376,702 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.0%

NASDAQ:BND opened at $73.30 on Thursday. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.67. The stock has a fifty day moving average price of $72.64 and a 200-day moving average price of $72.59.

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 paid a $0.2403 dividend. The ex-dividend date of this dividend was Monday, June 2nd. 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.