McAdam LLC Has $556,000 Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

McAdam LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,557 shares of the company’s stock after buying an additional 245 shares during the period. McAdam LLC’s holdings in Vanguard Total Bond Market ETF were worth $556,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 11.7% during the third quarter. Creative Planning now owns 55,509,448 shares of the company’s stock worth $3,873,449,000 after purchasing an additional 5,800,676 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 27.0% during the 3rd quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after buying an additional 5,367,298 shares during the period. US Bancorp DE grew its position in shares of Vanguard Total Bond Market ETF by 828.6% in the 3rd quarter. US Bancorp DE now owns 3,411,334 shares of the company’s stock valued at $238,043,000 after buying an additional 3,043,989 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 294.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,841,414 shares of the company’s stock valued at $268,054,000 after buying an additional 2,866,691 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of Vanguard Total Bond Market ETF by 8.0% in the third quarter. LPL Financial LLC now owns 33,541,772 shares of the company’s stock valued at $2,340,545,000 after buying an additional 2,478,188 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.3 %

Vanguard Total Bond Market ETF stock opened at $70.94 on Tuesday. The stock’s 50 day moving average is $71.85 and its 200 day moving average is $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 Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2163 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.