Coppell Advisory Solutions LLC Purchases Shares of 706,151 Vanguard Total Bond Market ETF $BND

Coppell Advisory Solutions LLC acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 706,151 shares of the company’s stock, valued at approximately $51,839,000. Vanguard Total Bond Market ETF comprises about 9.8% of Coppell Advisory Solutions LLC’s holdings, making the stock its biggest holding.

Several other large investors have also recently added to or reduced their stakes in BND. Hilton Head Capital Partners LLC acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $26,000. Whittier Trust Co. of Nevada Inc. boosted its stake in Vanguard Total Bond Market ETF by 159.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after purchasing an additional 238 shares in the last quarter. Kelleher Financial Advisors bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth $32,000. Finally, FAS Wealth Partners Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 1,064.1% during the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock worth $34,000 after purchasing an additional 415 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.1%

Vanguard Total Bond Market ETF stock opened at $71.83 on Thursday. The stock has a 50-day simple moving average of $72.58 and a 200 day simple moving average of $73.28. Vanguard Total Bond Market ETF has a 12-month low of $71.74 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.2529 per share. The ex-dividend date is Tuesday, September 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.25. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.