Strategic Advisory Partners LLC Invests $33.08 Million in Vanguard Total Bond Market ETF $BND

Strategic Advisory Partners LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 446,556 shares of the company’s stock, valued at approximately $33,076,000. Vanguard Total Bond Market ETF accounts for approximately 27.4% of Strategic Advisory Partners LLC’s portfolio, making the stock its 2nd largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Morgan Stanley boosted its stake in Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after buying an additional 16,287,510 shares during the last quarter. Creative Planning grew its holdings in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after acquiring an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after acquiring an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 7,708.3% during the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after acquiring an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $73.34 on Friday. The company’s 50-day moving average is $73.35 and its two-hundred day moving average is $73.87. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Vanguard Total Bond Market ETF Company 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.