Vestmark Advisory Solutions Inc. Acquires 252,573 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Vestmark Advisory Solutions Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 44.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 823,407 shares of the company’s stock after buying an additional 252,573 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 3.1% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 3rd largest holding. Vestmark Advisory Solutions Inc.’s holdings in Vanguard Total Bond Market ETF were worth $60,562,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of BND. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 90.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after buying an additional 176 shares during the last quarter. VitalStone Financial LLC grew its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after purchasing an additional 396 shares during the period. Steph & Co. purchased a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $33,000. Your Advocates Ltd. LLP acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at $34,000. Finally, Headlands Technologies LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 134.2% in the 3rd quarter. Headlands Technologies LLC now owns 541 shares of the company’s stock valued at $38,000 after purchasing an additional 310 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.5 %

BND stock traded up $0.36 during midday trading on Friday, hitting $71.35. 7,256,902 shares of the stock traded hands, compared to its average volume of 7,878,454. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38. The stock’s fifty day simple moving average is $71.76 and its 200-day simple moving average is $71.72.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 6th. Stockholders 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.

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.