Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Holdings Raised by West Financial Advisors LLC

West Financial Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.3% in the 1st quarter, HoldingsChannel reports. The firm owned 869,015 shares of the company’s stock after acquiring an additional 11,471 shares during the quarter. Vanguard Total Bond Market ETF makes up about 12.1% of West Financial Advisors LLC’s holdings, making the stock its 2nd biggest holding. West Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $63,829,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. Essential Planning LLC. boosted its stake in shares of Vanguard Total Bond Market ETF by 6,541.0% in the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after purchasing an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC raised its position in Vanguard Total Bond Market ETF by 2,218.3% in 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 bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth $1,234,246,000. JPMorgan Chase & Co. boosted 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. boosted 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 valued at $4,173,907,000 after buying an additional 8,312,317 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.1%

Shares of NASDAQ:BND opened at $72.69 on Monday. The stock’s 50-day moving average price is $72.71 and its 200-day moving average price is $72.63. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 5th. Investors of record on Thursday, May 1st were issued a dividend of $0.2364 per share. This represents a $2.84 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend was Thursday, May 1st.

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.