Strategic Investment Advisors MI Raises Stake in Vanguard Total Bond Market ETF $BND

Strategic Investment Advisors MI increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 24.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,395 shares of the company’s stock after buying an additional 7,932 shares during the period. Strategic Investment Advisors MI’s holdings in Vanguard Total Bond Market ETF were worth $2,971,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BND. Morgan Stanley grew its stake in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after acquiring an additional 16,287,510 shares during the period. Creative Planning raised its holdings in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Total Bond Market ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares during the period. Vanguard Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 7,708.3% during the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after purchasing an additional 5,169,861 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4%

Shares of NASDAQ:BND opened at $72.38 on Thursday. Vanguard Total Bond Market ETF has a 52 week low of $72.17 and a 52 week high of $75.23. The business has a fifty day simple moving average of $73.01 and a 200-day simple moving average of $73.62.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a $0.2445 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, July 1st.

Vanguard Total Bond Market ETF Profile

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.