Commonwealth Equity Services LLC Has $131.78 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Commonwealth Equity Services LLC increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.7% in the fourth quarter, HoldingsChannel reports. The firm owned 1,791,657 shares of the company’s stock after purchasing an additional 96,915 shares during the period. Commonwealth Equity Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $131,776,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BND. Raymond James & Associates boosted its stake in Vanguard Total Bond Market ETF by 2.6% in the third quarter. Raymond James & Associates now owns 1,714,637 shares of the company’s stock valued at $119,647,000 after acquiring an additional 44,210 shares during the last quarter. Stratos Wealth Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 2.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 26,068 shares of the company’s stock valued at $1,819,000 after acquiring an additional 550 shares during the period. Independent Advisor Alliance boosted its holdings in shares of Vanguard Total Bond Market ETF by 14.7% during the 3rd quarter. Independent Advisor Alliance now owns 53,874 shares of the company’s stock worth $3,759,000 after buying an additional 6,909 shares during the period. J.W. Cole Advisors Inc. raised its stake in Vanguard Total Bond Market ETF by 2.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 48,944 shares of the company’s stock worth $3,415,000 after purchasing an additional 1,180 shares in the last quarter. Finally, Legacy Financial Group LLC acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter worth about $5,281,000.

Vanguard Total Bond Market ETF Trading Up 0.4 %

BND traded up $0.25 during trading on Thursday, reaching $70.96. 2,960,065 shares of the company’s stock were exchanged, compared to its average volume of 7,848,535. The firm has a fifty day moving average price of $71.79 and a two-hundred day moving average price of $71.71. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be given a dividend of $0.2138 per share. The ex-dividend date of this dividend is Wednesday, May 1st.

Vanguard Total Bond Market ETF Company 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.