Sei Investments Co. Increases Stock Position in Vanguard Total Bond Market ETF $BND

Sei Investments Co. grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 18,628,006 shares of the company’s stock after acquiring an additional 772,895 shares during the period. Vanguard Total Bond Market ETF makes up 1.3% of Sei Investments Co.’s portfolio, making the stock its 9th biggest position. Sei Investments Co.’s holdings in Vanguard Total Bond Market ETF were worth $1,371,765,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at about $26,000. CKW Financial Group acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. raised its position in Vanguard Total Bond Market ETF by 159.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after purchasing an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors bought a new position in Vanguard Total Bond Market ETF during the third quarter worth about $32,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.40 on Thursday. The company has a 50-day moving average price of $73.05 and a two-hundred day moving average price of $73.68. Vanguard Total Bond Market ETF has a 12 month low of $72.34 and a 12 month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.