Meridian Wealth Management LLC Invests $83,000 in Vanguard Total Bond Market ETF (NYSEARCA:BND)

Meridian Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,002 shares of the company’s stock, valued at approximately $83,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. Milliman Financial Risk Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 5.3% in the 1st quarter. Milliman Financial Risk Management LLC now owns 24,116,309 shares of the company’s stock valued at $1,957,762,000 after purchasing an additional 1,217,962 shares during the period. Wells Fargo & Company MN increased its position in shares of Vanguard Total Bond Market ETF by 9.8% in the first quarter. Wells Fargo & Company MN now owns 15,472,363 shares of the company’s stock valued at $1,256,047,000 after acquiring an additional 1,380,308 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Vanguard Total Bond Market ETF by 3.5% in the first quarter. The Manufacturers Life Insurance Company now owns 15,247,767 shares of the company’s stock valued at $1,237,814,000 after acquiring an additional 510,671 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Total Bond Market ETF by 2.1% in the first quarter. Envestnet Asset Management Inc. now owns 12,183,910 shares of the company’s stock valued at $989,090,000 after acquiring an additional 247,859 shares during the last quarter. Finally, Morningstar Investment Services LLC increased its position in shares of Vanguard Total Bond Market ETF by 3.6% in the first quarter. Morningstar Investment Services LLC now owns 5,415,560 shares of the company’s stock valued at $439,634,000 after acquiring an additional 185,907 shares during the last quarter.

NYSEARCA:BND opened at $84.92 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $77.46 and a 52-week high of $85.02. The stock’s 50-day simple moving average is $83.18 and its 200 day simple moving average is $81.46.

The firm also recently declared a dividend, which was paid on Tuesday, August 6th. Investors of record on Friday, August 2nd were issued a dividend of $0.193 per share. The ex-dividend date of this dividend was Thursday, August 1st.

Vanguard Total Bond Market ETF Profile

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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