Ascent Group LLC Increases Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Ascent Group LLC lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 16,912 shares of the company’s stock after acquiring an additional 1,029 shares during the period. Ascent Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning boosted its holdings in shares of Vanguard Total Bond Market ETF by 10.1% in the 4th quarter. Creative Planning now owns 61,103,613 shares of the company’s stock valued at $4,494,171,000 after acquiring an additional 5,594,165 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 20.1% in the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after purchasing an additional 6,253,040 shares during the last quarter. Wells Fargo & Company MN grew its position in Vanguard Total Bond Market ETF by 15.8% during the 4th quarter. Wells Fargo & Company MN now owns 19,231,510 shares of the company’s stock worth $1,414,478,000 after purchasing an additional 2,621,687 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 0.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 18,752,172 shares of the company’s stock valued at $1,379,222,000 after buying an additional 104,945 shares during the last quarter. Finally, Morningstar Investment Services LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 90.1% in the 4th quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock valued at $1,319,534,000 after buying an additional 8,482,025 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND remained flat at $73.03 during mid-day trading on Tuesday. The stock had a trading volume of 1,523,175 shares, compared to its average volume of 6,863,604. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $73.92. The company has a 50-day moving average price of $72.27 and a 200 day moving average price of $72.11.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were issued a $0.2207 dividend. The ex-dividend date of this dividend was Monday, July 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.