West Financial Advisors LLC Boosts Holdings in Vanguard Total Bond Market ETF $BND

West Financial Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.9% in the second quarter, HoldingsChannel reports. The firm owned 812,403 shares of the company’s stock after purchasing an additional 93,059 shares during the period. Vanguard Total Bond Market ETF makes up approximately 9.1% of West Financial Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. West Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $59,639,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BND. JPMorgan Chase & Co. grew its position in 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 acquiring an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Vanguard Total Bond Market ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after purchasing an additional 4,285,563 shares during the last quarter. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares in the last quarter. Morgan Stanley boosted its stake in Vanguard Total Bond Market ETF by 15.0% in 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. Finally, Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 9.7% in the fourth 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 in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $72.40 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $72.07 and a 52 week high of $75.23. The stock’s fifty day moving average is $72.89 and its 200-day moving average is $73.53.

Vanguard Total Bond Market ETF Increases Dividend

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

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.