D.A. Davidson & CO. Raises Stake in Vanguard Total Bond Market ETF $BND

D.A. Davidson & CO. boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 350,377 shares of the company’s stock after buying an additional 30,285 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Total Bond Market ETF were worth $25,802,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BND. USAdvisors Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after acquiring an additional 141 shares during the period. BCO Wealth Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 0.3% during the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after acquiring an additional 143 shares during the period. Centurion Wealth Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 0.9% during the 4th quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after acquiring an additional 146 shares during the period. Novak & Powell Financial Services Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 1.0% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after purchasing an additional 149 shares during the last quarter. Finally, Cornerstone Management Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 3.6% during the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after purchasing an additional 152 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2%

NASDAQ:BND opened at $72.82 on Thursday. The firm’s 50 day moving average is $73.12 and its 200 day moving average is $73.73. Vanguard Total Bond Market ETF has a 12 month low of $72.34 and a 12 month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.2445 dividend. This represents a c) dividend on an annualized basis and a 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.