LPL Financial LLC Buys 971,603 Shares of Vanguard Total Bond Market ETF $BND

LPL Financial LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,586,676 shares of the company’s stock after acquiring an additional 971,603 shares during the period. LPL Financial LLC owned about 0.94% of Vanguard Total Bond Market ETF worth $1,376,715,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. HighTower Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after purchasing an additional 227,732 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth $524,000. BlueStem Wealth Partners LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock worth $19,429,000 after purchasing an additional 14,988 shares during the last quarter. Armstrong Advisory Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 3.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after purchasing an additional 46,340 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $72.83 on Monday. The stock’s fifty day moving average is $73.40 and its 200-day moving average is $73.97. Vanguard Total Bond Market ETF has a 52 week low of $72.19 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.2473 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, June 1st.

Vanguard Total Bond Market ETF 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.