Traveka Wealth LLC Buys 3,498 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Traveka Wealth LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,244 shares of the company’s stock after purchasing an additional 3,498 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 1.0% of Traveka Wealth LLC’s holdings, making the stock its 26th biggest position. Traveka Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,781,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in BND. JPMorgan Chase & Co. raised its position in shares of Vanguard Total Bond Market ETF by 11.3% during the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after buying an additional 10,057,150 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Vanguard Total Bond Market ETF by 16.7% during the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after buying an additional 8,312,317 shares in the last quarter. Essential Planning LLC. raised its position in shares of Vanguard Total Bond Market ETF by 6,541.0% during the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after buying an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of Vanguard Total Bond Market ETF by 2,218.3% during the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after buying an additional 28,060,256 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Vanguard Total Bond Market ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock valued at $1,698,399,000 after buying an additional 1,376,702 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $73.13 on Friday. The firm’s 50-day moving average price is $72.73 and its 200-day moving average price is $72.60. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were given a dividend of $0.2353 per share. This represents a $2.82 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Tuesday, July 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.