First United Bank & Trust Has $2.13 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

First United Bank & Trust boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 49.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,588 shares of the company’s stock after buying an additional 9,782 shares during the period. First United Bank & Trust’s holdings in Vanguard Total Bond Market ETF were worth $2,128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Creative Planning boosted its holdings in shares of Vanguard Total Bond Market ETF by 8.6% during the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after buying an additional 7,248,297 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the last quarter. Axiom Advisory LLC boosted its holdings in Vanguard Total Bond Market ETF by 20.7% during the third 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 period. Allworth Financial LP grew its position in shares of Vanguard Total Bond Market ETF by 2.4% in the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock valued at $1,326,248,000 after purchasing an additional 417,578 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after purchasing an additional 518,083 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $71.95 on Tuesday. The business has a 50 day moving average price of $72.45 and a 200 day moving average price of $73.40. 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 firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a $0.2334 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.