BTC Capital Management Inc. Boosts Position in Vanguard Total Bond Market ETF $BND

BTC Capital Management Inc. boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.2% in the first quarter, HoldingsChannel.com reports. The firm owned 925,778 shares of the company’s stock after buying an additional 54,043 shares during the period. Vanguard Total Bond Market ETF accounts for about 4.6% of BTC Capital Management Inc.’s investment portfolio, making the stock its largest holding. BTC Capital Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $68,179,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after acquiring an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock worth $237,000 after buying an additional 530 shares in the last quarter. Amundi grew its position in shares of Vanguard Total Bond Market ETF by 54.6% during the 2nd quarter. Amundi now owns 53,192 shares of the company’s stock worth $3,897,000 after buying an additional 18,792 shares during the period. State Street Corp grew its position in shares of Vanguard Total Bond Market ETF by 10.8% during the 2nd quarter. State Street Corp now owns 7,757,324 shares of the company’s stock worth $571,172,000 after buying an additional 759,261 shares during the period. Finally, Main Street Financial Solutions LLC increased its stake in shares of Vanguard Total Bond Market ETF by 122.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock valued at $2,355,000 after acquiring an additional 17,576 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.5%

NASDAQ:BND opened at $73.56 on Thursday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The company has a fifty day moving average of $73.32 and a 200-day moving average of $73.85.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.2473 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, June 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.