Vanguard Total Bond Market ETF (NASDAQ:BND) Holdings Boosted by Merit Financial Group LLC

Merit Financial Group LLC grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 38.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 123,095 shares of the company’s stock after purchasing an additional 34,445 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,054,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Morgan Stanley lifted its position in Vanguard Total Bond Market ETF by 2.6% in the 3rd quarter. Morgan Stanley now owns 82,574,735 shares of the company’s stock valued at $5,762,065,000 after purchasing an additional 2,061,088 shares during the last quarter. Creative Planning increased its stake in shares of Vanguard Total Bond Market ETF by 11.7% in the third quarter. Creative Planning now owns 55,509,448 shares of the company’s stock valued at $3,873,449,000 after purchasing an additional 5,800,676 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Vanguard Total Bond Market ETF by 0.7% in the third quarter. Jones Financial Companies Lllp now owns 42,651,470 shares of the company’s stock valued at $2,976,220,000 after purchasing an additional 314,511 shares during the period. LPL Financial LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 8.0% during the third quarter. LPL Financial LLC now owns 33,541,772 shares of the company’s stock valued at $2,340,545,000 after buying an additional 2,478,188 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 27.0% during the third quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after buying an additional 5,367,298 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock traded up $0.36 on Friday, reaching $71.35. The company’s stock had a trading volume of 7,256,851 shares, compared to its average volume of 7,878,454. The firm has a fifty day moving average of $71.78 and a two-hundred day moving average of $71.71. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.2138 per share. The ex-dividend date is Wednesday, May 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.