Vanguard Total Bond Market ETF $BND Shares Sold by Midwest Financial Network LLC

Midwest Financial Network LLC lessened its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,189 shares of the company’s stock after selling 8,778 shares during the quarter. Vanguard Total Bond Market ETF comprises 2.6% of Midwest Financial Network LLC’s holdings, making the stock its 8th largest position. Midwest Financial Network LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,758,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Morgan Stanley increased its position in shares of Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares in the last quarter. Creative Planning raised its stake 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 purchasing an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th 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 in the last quarter. Finally, Valpey Financial Services LLC boosted its stake in Vanguard Total Bond Market ETF by 7,708.3% during the 4th 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 Up 0.0%

Shares of BND opened at $72.46 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $72.07 and a 52-week high of $75.23. The firm’s fifty day moving average is $72.94 and its two-hundred day moving average is $73.55.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were paid a $0.2516 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, August 3rd.

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.