D.A. Davidson & CO. Increases Stake in Vanguard Total Bond Market ETF $BND

D.A. Davidson & CO. boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.5% during the first quarter, HoldingsChannel reports. The fund owned 350,377 shares of the company’s stock after buying an additional 30,285 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Total Bond Market ETF were worth $25,802,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Total Bond Market ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after buying an additional 4,285,563 shares in the last quarter. Creative Planning lifted its stake in shares of Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. Morgan Stanley lifted its stake in shares of Vanguard Total Bond Market ETF by 15.0% during the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after buying an additional 16,287,510 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.2%

Vanguard Total Bond Market ETF stock opened at $72.82 on Thursday. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23. The firm has a 50 day simple moving average of $73.12 and a 200 day simple moving average of $73.73.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

Vanguard Total Bond Market ETF Company 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.