TCG Advisory Services LLC Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

TCG Advisory Services LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, Holdings Channel reports. The fund purchased 8,039 shares of the company’s stock, valued at approximately $591,000.

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

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND traded up $0.36 during trading hours on Friday, hitting $71.35. 7,256,902 shares of the company’s stock were exchanged, compared to its average volume of 7,878,454. The company’s 50-day moving average price is $71.76 and its 200-day moving average price is $71.77. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be given a $0.2138 dividend. 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.