157,284 Shares in Vanguard Total Bond Market ETF (NASDAQ:BND) Purchased by Madrona Financial Services LLC

Madrona Financial Services LLC acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 157,284 shares of the company’s stock, valued at approximately $11,553,000. Vanguard Total Bond Market ETF accounts for 3.2% of Madrona Financial Services LLC’s investment portfolio, making the stock its 8th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ameriflex Group Inc. acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $27,000. Park Square Financial Group LLC acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $37,000. Proathlete Wealth Management LLC acquired a new position in Vanguard Total Bond Market ETF during the first quarter worth about $39,000. Physician Wealth Advisors Inc. acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $46,000. Finally, Mpwm Advisory Solutions LLC acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $48,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.30 on Thursday. Vanguard Total Bond Market ETF has a 12 month low of $71.10 and a 12 month high of $75.67. The stock has a 50-day moving average price of $72.64 and a two-hundred day moving average price of $72.59.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 4th. Shareholders 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 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.