Synergy Investment Management LLC Increases Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Synergy Investment Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,423 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Synergy Investment Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Essential Planning LLC. increased its stake in Vanguard Total Bond Market ETF by 6,541.0% in the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after purchasing an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after acquiring an additional 28,060,256 shares during the period. Sagespring Wealth Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $1,234,246,000. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Total Bond Market ETF by 11.3% in the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after acquiring an additional 10,057,150 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 16.7% in the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after acquiring an additional 8,312,317 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.13 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $71.10 and a 12 month high of $75.67. The business has a 50 day simple moving average of $72.73 and a 200-day simple moving average of $72.61.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were given a $0.2353 dividend. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.