LPL Financial LLC Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

LPL Financial LLC increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,487,899 shares of the company’s stock after purchasing an additional 518,083 shares during the period. LPL Financial LLC owned approximately 0.92% of Vanguard Total Bond Market ETF worth $1,088,186,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Anfield Capital Management LLC increased its stake in Vanguard Total Bond Market ETF by 4,650.0% in the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares during the period. CVA Family Office LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 443.3% during the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC bought a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth approximately $38,000. Family Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth $40,000. Finally, American National Bank bought a new stake in Vanguard Total Bond Market ETF during the 2nd quarter valued at $44,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.60 on Thursday. The firm has a fifty day simple moving average of $73.86 and a two-hundred day simple moving average of $73.25. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2276 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend was Friday, November 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.