Miracle Mile Advisors LLC Purchases 113,802 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Miracle Mile Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,995,835 shares of the company’s stock after buying an additional 113,802 shares during the quarter. Vanguard Total Bond Market ETF comprises 4.4% of Miracle Mile Advisors LLC’s portfolio, making the stock its 2nd largest position. Miracle Mile Advisors LLC owned approximately 0.17% of Vanguard Total Bond Market ETF worth $220,044,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Key Financial Inc raised its position in shares of Vanguard Total Bond Market ETF by 1.6% during the 4th quarter. Key Financial Inc now owns 8,669 shares of the company’s stock worth $623,000 after purchasing an additional 140 shares during the period. VERITY Wealth Advisors raised its position in shares of Vanguard Total Bond Market ETF by 0.9% during the 4th quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock worth $1,133,000 after purchasing an additional 140 shares during the period. RAM Investment Partners LLC increased its position in Vanguard Total Bond Market ETF by 3.2% in the fourth quarter. RAM Investment Partners LLC now owns 5,002 shares of the company’s stock worth $360,000 after buying an additional 154 shares during the period. Freedom Investment Management Inc. increased its position in Vanguard Total Bond Market ETF by 3.5% in the fourth quarter. Freedom Investment Management Inc. now owns 4,593 shares of the company’s stock worth $330,000 after buying an additional 154 shares during the period. Finally, Harbor Investment Advisory LLC increased its position in Vanguard Total Bond Market ETF by 14.9% in the first quarter. Harbor Investment Advisory LLC now owns 1,194 shares of the company’s stock worth $88,000 after buying an additional 155 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.5%

Shares of NASDAQ BND opened at $72.21 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.67. The business’s fifty day moving average price is $72.63 and its two-hundred day moving average price is $72.62.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed 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.