Park Avenue Securities LLC Grows Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Park Avenue Securities LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,160 shares of the company’s stock after purchasing an additional 1,316 shares during the quarter. Park Avenue Securities LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,547,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 22.9% in the fourth quarter. Vanguard Group Inc. now owns 31,073,533 shares of the company’s stock valued at $2,285,458,000 after purchasing an additional 5,792,806 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in Vanguard Total Bond Market ETF by 39.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 101,836 shares of the company’s stock worth $7,380,000 after acquiring an additional 28,986 shares during the period. Waterloo Capital L.P. acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $343,000. NBC Securities Inc. raised its position in Vanguard Total Bond Market ETF by 20.9% during the first quarter. NBC Securities Inc. now owns 2,481 shares of the company’s stock valued at $181,000 after acquiring an additional 429 shares in the last quarter. Finally, Leo Wealth LLC acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $712,000.

Vanguard Total Bond Market ETF Stock Down 0.7 %

BND traded down $0.49 on Friday, reaching $74.15. The stock had a trading volume of 5,227,485 shares, compared to its average volume of 6,645,137. The business’s 50-day moving average price is $74.62 and its two-hundred day moving average price is $72.85. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2255 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.