Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Bought by Cypress Point Wealth Management LLC

Cypress Point Wealth Management LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,535 shares of the company’s stock after acquiring an additional 890 shares during the period. Cypress Point Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its stake in 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 in the last quarter. Vanguard Group Inc. boosted its stake in 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 in the last quarter. Essential Planning LLC. boosted 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 acquiring an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after buying an additional 28,060,256 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of Vanguard Total Bond Market ETF by 6.2% during the fourth quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock worth $1,698,399,000 after buying an additional 1,376,702 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.4%

Shares of BND opened at $72.70 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.67. The firm has a 50-day simple moving average of $72.56 and a 200-day simple moving average of $72.61.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 4th. Stockholders 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 was Monday, June 2nd.

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.