Vanguard Total Bond Market ETF (NASDAQ:BND) is West Financial Advisors LLC’s 3rd Largest Position

West Financial Advisors LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 857,544 shares of the company’s stock after acquiring an additional 136,691 shares during the quarter. Vanguard Total Bond Market ETF makes up 11.9% of West Financial Advisors LLC’s portfolio, making the stock its 3rd biggest holding. West Financial Advisors LLC owned approximately 0.05% of Vanguard Total Bond Market ETF worth $61,666,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Creative Planning raised its stake in Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after purchasing an additional 8,691,058 shares during the last quarter. Axiom Advisory LLC raised its holdings in Vanguard Total Bond Market ETF by 20.7% in the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after acquiring an additional 4,794,485 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after purchasing an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Vanguard Total Bond Market ETF by 3,082.1% in the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after purchasing an additional 3,322,588 shares during the period. Finally, State Street Corp increased its stake in Vanguard Total Bond Market ETF by 86.9% in the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after purchasing an additional 1,863,233 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $71.79 on Thursday. The stock’s 50-day moving average price is $72.50 and its two-hundred day moving average price is $73.40. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.