LPL Financial LLC Has $1.38 Billion Stock Holdings in Vanguard Total Bond Market ETF $BND

LPL Financial LLC increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,586,676 shares of the company’s stock after acquiring an additional 971,603 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,376,715,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in BND. Hilton Head Capital Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. CKW Financial Group acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $28,000. Kelleher Financial Advisors acquired a new position in shares of Vanguard Total Bond Market ETF during the third quarter valued at $32,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $43,000. Finally, Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $43,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.83 on Monday. Vanguard Total Bond Market ETF has a 12-month low of $72.19 and a 12-month high of $75.23. The stock’s fifty day simple moving average is $73.40 and its 200-day simple moving average is $73.97.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a dividend of $0.2473 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, June 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.