Mayflower Financial Advisors LLC Boosts Stake in Vanguard Total Bond Market ETF $BND

Mayflower Financial Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,769 shares of the company’s stock after buying an additional 8,753 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 0.7% of Mayflower Financial Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Mayflower Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,273,000 at the end of the most recent quarter.

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

Vanguard Total Bond Market ETF Stock Up 0.1%

Shares of Vanguard Total Bond Market ETF stock opened at $73.71 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The stock has a fifty day moving average price of $73.31 and a 200-day moving average price of $73.84.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared 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 was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.