Vestmark Advisory Solutions Inc. Increases Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Vestmark Advisory Solutions Inc. grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 44.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 823,407 shares of the company’s stock after purchasing an additional 252,573 shares during the quarter. Vanguard Total Bond Market ETF makes up about 3.1% of Vestmark Advisory Solutions Inc.’s investment portfolio, making the stock its 3rd largest position. Vestmark Advisory Solutions Inc. owned 0.06% of Vanguard Total Bond Market ETF worth $60,562,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Compass Ion Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF by 0.8% during the 4th quarter. Compass Ion Advisors LLC now owns 18,559 shares of the company’s stock valued at $1,365,000 after purchasing an additional 152 shares during the last quarter. Red Tortoise LLC boosted its holdings in Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Red Tortoise LLC now owns 17,799 shares of the company’s stock valued at $1,242,000 after acquiring an additional 156 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in Vanguard Total Bond Market ETF by 90.3% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after buying an additional 176 shares during the period. Grimes & Company Inc. lifted its holdings in Vanguard Total Bond Market ETF by 0.8% in the 4th quarter. Grimes & Company Inc. now owns 23,040 shares of the company’s stock worth $1,695,000 after buying an additional 180 shares during the period. Finally, Mechanics Financial Corp lifted its holdings in Vanguard Total Bond Market ETF by 0.6% in the 4th quarter. Mechanics Financial Corp now owns 29,088 shares of the company’s stock worth $2,139,000 after buying an additional 182 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.5 %

NASDAQ BND traded up $0.36 on Friday, hitting $71.35. The company’s stock had a trading volume of 7,256,902 shares, compared to its average volume of 7,878,454. The company’s 50-day simple moving average is $71.76 and its 200 day simple moving average is $71.72. 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 company also recently announced a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a $0.2138 dividend. The ex-dividend date of this dividend 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.