LPL Financial LLC boosted its position in shares of Vanguard Total Bond Market ETF (NYSEARCA:BND) by 5.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,055,107 shares of the company’s stock after purchasing an additional 679,241 shares during the period. Vanguard Total Bond Market ETF makes up 2.5% of LPL Financial LLC’s portfolio, making the stock its 4th biggest position. LPL Financial LLC owned 2.86% of Vanguard Total Bond Market ETF worth $1,027,437,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Lido Advisors LLC grew its holdings in Vanguard Total Bond Market ETF by 19.3% during the 3rd quarter. Lido Advisors LLC now owns 7,939 shares of the company’s stock valued at $624,000 after purchasing an additional 1,286 shares in the last quarter. WEALTHFRONT Corp grew its holdings in Vanguard Total Bond Market ETF by 8.1% during the 3rd quarter. WEALTHFRONT Corp now owns 216,380 shares of the company’s stock valued at $17,029,000 after purchasing an additional 16,234 shares in the last quarter. Wealthsource Partners LLC grew its holdings in Vanguard Total Bond Market ETF by 160.0% during the 3rd quarter. Wealthsource Partners LLC now owns 8,810 shares of the company’s stock valued at $693,000 after purchasing an additional 5,422 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its holdings in Vanguard Total Bond Market ETF by 112.4% during the 3rd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 62,742 shares of the company’s stock valued at $4,938,000 after purchasing an additional 33,209 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in Vanguard Total Bond Market ETF by 2,152.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 117,800 shares of the company’s stock valued at $9,232,000 after purchasing an additional 112,570 shares in the last quarter.

BND opened at $78.41 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $77.46 and a twelve month high of $81.85.

The company also recently declared a monthly dividend, which was paid on Thursday, December 6th. Investors of record on Tuesday, December 4th were issued a dividend of $0.192 per share. This represents a $2.30 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date was Monday, December 3rd.

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Vanguard Total Bond Market ETF Company Profile

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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