Level Wealth Management LLC Purchases 11,825 Shares of Vanguard Total Bond Market ETF $BND

Level Wealth Management LLC raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 421,702 shares of the company’s stock after acquiring an additional 11,825 shares during the period. Vanguard Total Bond Market ETF accounts for about 16.0% of Level Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Level Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $31,235,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of BND. JPMorgan Chase & Co. raised its stake in shares of Vanguard Total Bond Market ETF by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock valued at $9,768,240,000 after acquiring an additional 5,476,153 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Total Bond Market ETF by 3.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 126,617,235 shares of the company’s stock worth $9,416,524,000 after buying an additional 4,214,874 shares during the period. Creative Planning increased its stake in Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares during the period. Vanguard Group Inc. increased its stake in Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Vanguard Total Bond Market ETF by 25.7% in the 3rd quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after purchasing an additional 4,686,304 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.36 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $71.76 and a 52 week high of $75.23. The company’s 50 day moving average is $73.91 and its two-hundred day moving average is $74.22.

Vanguard Total Bond Market ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be given a $0.2417 dividend. The ex-dividend date of this dividend is Friday, May 1st.

Vanguard Total Bond Market ETF 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.