Synovus Financial Corp raised its stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 434,318 shares of the company’s stock after acquiring an additional 28,173 shares during the period. Synovus Financial Corp owned approximately 0.07% of Vanguard Total Bond Market ETF worth $36,418,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Milliman Financial Risk Management LLC increased its stake in shares of Vanguard Total Bond Market ETF by 3.1% in the 4th quarter. Milliman Financial Risk Management LLC now owns 23,533,724 shares of the company’s stock valued at $1,973,538,000 after purchasing an additional 718,293 shares during the last quarter. BlackRock Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 244.1% in the 2nd quarter. BlackRock Inc. now owns 14,781,289 shares of the company’s stock valued at $1,227,882,000 after purchasing an additional 10,485,046 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 6.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 13,921,078 shares of the company’s stock valued at $1,175,357,000 after purchasing an additional 814,635 shares during the last quarter. State Street Corp increased its stake in shares of Vanguard Total Bond Market ETF by 4.0% in the 3rd quarter. State Street Corp now owns 5,367,859 shares of the company’s stock valued at $453,208,000 after purchasing an additional 206,740 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its stake in shares of Vanguard Total Bond Market ETF by 35.1% in the 3rd quarter. RiverFront Investment Group LLC now owns 4,901,361 shares of the company’s stock valued at $413,821,000 after purchasing an additional 1,272,425 shares during the last quarter.

Shares of BND traded up $0.09 during midday trading on Friday, hitting $85.26. The company’s stock had a trading volume of 3,068,981 shares, compared to its average volume of 4,050,628. Vanguard Total Bond Market ETF has a one year low of $79.39 and a one year high of $85.57. The company’s fifty day simple moving average is $84.60 and its two-hundred day simple moving average is $84.28.

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 6th. Investors of record on Tuesday, February 4th were given a dividend of $0.183 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.20 dividend on an annualized basis and a yield of 2.58%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.18.

Vanguard Total Bond Market ETF Profile

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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