Vanguard Total Bond Market ETF (NASDAQ:BND) Position Reduced by Archford Capital Strategies LLC

Archford Capital Strategies LLC lessened its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 391,938 shares of the company’s stock after selling 51,527 shares during the period. Vanguard Total Bond Market ETF comprises approximately 4.2% of Archford Capital Strategies LLC’s investment portfolio, making the stock its largest holding. Archford Capital Strategies LLC’s holdings in Vanguard Total Bond Market ETF were worth $28,788,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in shares of Vanguard Total Bond Market ETF by 11.3% during the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock worth $7,125,878,000 after buying an additional 10,057,150 shares during the period. Vanguard Group Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 16.7% during the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after buying an additional 8,312,317 shares during the period. Essential Planning LLC. raised its stake in shares of Vanguard Total Bond Market ETF by 6,541.0% during the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after buying an additional 45,154,186 shares during the period. Wealthfront Advisers LLC raised its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% during the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after buying an additional 28,060,256 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Vanguard Total Bond Market ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock worth $1,698,399,000 after buying an additional 1,376,702 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.3%

Shares of BND stock opened at $73.28 on Wednesday. The stock has a 50 day simple moving average of $72.63 and a 200-day simple moving average of $72.58. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.2403 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, June 2nd.

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.