Silver Lake Advisory LLC Takes $2.47 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Silver Lake Advisory LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 34,214 shares of the company’s stock, valued at approximately $2,465,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Creative Planning lifted its position in shares of Vanguard Total Bond Market ETF by 10.1% during the 4th quarter. Creative Planning now owns 61,103,613 shares of the company’s stock valued at $4,494,171,000 after buying an additional 5,594,165 shares in the last quarter. Vanguard Group Inc. raised its stake in Vanguard Total Bond Market ETF by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after acquiring an additional 6,253,040 shares during the period. Wells Fargo & Company MN lifted its holdings in Vanguard Total Bond Market ETF by 15.8% during the fourth quarter. Wells Fargo & Company MN now owns 19,231,510 shares of the company’s stock valued at $1,414,478,000 after purchasing an additional 2,621,687 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 0.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 18,752,172 shares of the company’s stock worth $1,379,222,000 after purchasing an additional 104,945 shares during the period. Finally, Morningstar Investment Services LLC increased its stake in shares of Vanguard Total Bond Market ETF by 90.1% in the fourth quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock worth $1,319,534,000 after purchasing an additional 8,482,025 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of BND stock traded up $0.16 on Friday, hitting $74.25. 4,647,691 shares of the stock traded hands, compared to its average volume of 6,806,273. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.80. The firm has a 50 day simple moving average of $72.88 and a two-hundred day simple moving average of $72.23.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a $0.2239 dividend. This represents a $2.69 annualized dividend and a dividend yield of 3.62%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Thursday, August 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.