Tiff Advisory Services LLC Buys New Shares in Vanguard Total Bond Market ETF $BND

Tiff Advisory Services LLC bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, HoldingsChannel reports. The firm bought 221,743 shares of the company’s stock, valued at approximately $16,425,000. Vanguard Total Bond Market ETF accounts for about 2.8% of Tiff Advisory Services LLC’s holdings, making the stock its 10th largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BND. Creative Planning lifted its stake in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares during the last quarter. Vanguard Group Inc. lifted its stake in Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Total Bond Market ETF by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock valued at $9,768,240,000 after acquiring an additional 5,476,153 shares during the period. Bank of America Corp DE raised its holdings in shares of Vanguard Total Bond Market ETF by 25.7% during the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after acquiring an additional 4,686,304 shares during the period. Finally, Corient Private Wealth LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 125.6% during the second quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock valued at $539,426,000 after acquiring an additional 4,217,095 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.00 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $72.09 and a 52-week high of $75.23. The company’s 50 day simple moving average is $73.48 and its 200-day simple moving average is $74.05.

Vanguard Total Bond Market ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a dividend of $0.2417 per share. The ex-dividend date was Friday, 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.