Bryn Mawr Trust Advisors LLC Boosts Stock Holdings in Vanguard Total Bond Market ETF $BND

Bryn Mawr Trust Advisors LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.7% during the first quarter, HoldingsChannel reports. The firm owned 1,346,630 shares of the company’s stock after acquiring an additional 47,617 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 4.8% of Bryn Mawr Trust Advisors LLC’s holdings, making the stock its 2nd biggest position. Bryn Mawr Trust Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $99,166,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $26,000. CKW Financial Group purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $28,000. Whittier Trust Co. of Nevada Inc. boosted its stake in Vanguard Total Bond Market ETF by 159.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after purchasing an additional 238 shares during the period. Finally, Kelleher Financial Advisors acquired a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $32,000.

Vanguard Total Bond Market ETF Trading Down 0.4%

NASDAQ BND opened at $72.50 on Tuesday. The firm’s 50 day moving average price is $73.14 and its two-hundred day moving average price is $73.75. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a $0.2445 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.