Laird Norton Wetherby Trust Company LLC Grows Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Laird Norton Wetherby Trust Company LLC increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 121.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 106,388 shares of the company’s stock after acquiring an additional 58,331 shares during the period. Vanguard Total Bond Market ETF comprises approximately 1.0% of Laird Norton Wetherby Trust Company LLC’s portfolio, making the stock its 17th biggest holding. Laird Norton Wetherby Trust Company LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,650,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Key Financial Inc grew its stake in shares of Vanguard Total Bond Market ETF by 1.6% in the 4th quarter. Key Financial Inc now owns 8,669 shares of the company’s stock worth $623,000 after buying an additional 140 shares in the last quarter. VERITY Wealth Advisors grew its stake in shares of Vanguard Total Bond Market ETF by 0.9% in the 4th quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock worth $1,133,000 after buying an additional 140 shares in the last quarter. Access Financial Services Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 1.9% in the 4th quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock worth $553,000 after buying an additional 143 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares in the last quarter. Finally, Truefg LLC grew its position in Vanguard Total Bond Market ETF by 2.2% in the fourth quarter. Truefg LLC now owns 6,969 shares of the company’s stock worth $501,000 after acquiring an additional 147 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1%

BND opened at $72.57 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $70.97 and a 12 month high of $75.67. The stock has a 50-day moving average of $72.95 and a 200 day moving average of $72.68.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were issued a $0.2364 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend was Thursday, May 1st.

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.