Commonwealth Equity Services LLC Raises Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Commonwealth Equity Services LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,791,657 shares of the company’s stock after purchasing an additional 96,915 shares during the period. Commonwealth Equity Services LLC owned about 0.13% of Vanguard Total Bond Market ETF worth $131,776,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Raymond James & Associates boosted its position in Vanguard Total Bond Market ETF by 2.6% during the third quarter. Raymond James & Associates now owns 1,714,637 shares of the company’s stock worth $119,647,000 after acquiring an additional 44,210 shares during the last quarter. Stratos Wealth Advisors LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 2.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 26,068 shares of the company’s stock valued at $1,819,000 after purchasing an additional 550 shares during the last quarter. Independent Advisor Alliance boosted its holdings in shares of Vanguard Total Bond Market ETF by 14.7% in the 3rd quarter. Independent Advisor Alliance now owns 53,874 shares of the company’s stock valued at $3,759,000 after purchasing an additional 6,909 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 2.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 48,944 shares of the company’s stock valued at $3,415,000 after purchasing an additional 1,180 shares during the last quarter. Finally, Legacy Financial Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at $5,281,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND traded up $0.25 during midday trading on Thursday, hitting $70.96. 2,960,065 shares of the company’s stock traded hands, compared to its average volume of 7,848,535. The firm’s fifty day moving average price is $71.79 and its two-hundred day moving average price is $71.71. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.2138 per share. The ex-dividend date is Wednesday, May 1st.

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.