Motley Fool Wealth Management LLC Buys 2,053 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Motley Fool Wealth Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.3% during the 4th quarter, HoldingsChannel reports. The fund owned 89,774 shares of the company’s stock after purchasing an additional 2,053 shares during the period. Motley Fool Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,597,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Morgan Stanley increased its stake in Vanguard Total Bond Market ETF by 2.6% during the third quarter. Morgan Stanley now owns 82,574,735 shares of the company’s stock worth $5,762,065,000 after acquiring an additional 2,061,088 shares during the last quarter. Creative Planning grew its stake in shares of Vanguard Total Bond Market ETF by 11.7% during the third quarter. Creative Planning now owns 55,509,448 shares of the company’s stock valued at $3,873,449,000 after buying an additional 5,800,676 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Vanguard Total Bond Market ETF by 0.7% during the third quarter. Jones Financial Companies Lllp now owns 42,651,470 shares of the company’s stock valued at $2,976,220,000 after buying an additional 314,511 shares during the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Total Bond Market ETF by 8.0% during the third quarter. LPL Financial LLC now owns 33,541,772 shares of the company’s stock valued at $2,340,545,000 after buying an additional 2,478,188 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 27.0% during the third quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock valued at $1,764,089,000 after buying an additional 5,367,298 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.2 %

Shares of BND traded up $0.16 during mid-day trading on Friday, reaching $70.73. 4,256,567 shares of the company’s stock traded hands, compared to its average volume of 7,959,856. The stock’s 50-day moving average is $71.87 and its two-hundred day moving average is $71.67. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2163 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 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.