Vanguard Total Bond Market ETF (NASDAQ:BND) is Mission Wealth Management LP’s 5th Largest Position

Mission Wealth Management LP increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.5% in the fourth quarter, Holdings Channel reports. The fund owned 2,009,658 shares of the company’s stock after purchasing an additional 157,040 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 4.8% of Mission Wealth Management LP’s portfolio, making the stock its 5th largest position. Mission Wealth Management LP’s holdings in Vanguard Total Bond Market ETF were worth $147,810,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in BND. Morgan Stanley raised its holdings in Vanguard Total Bond Market ETF by 2.6% in the third quarter. Morgan Stanley now owns 82,574,735 shares of the company’s stock worth $5,762,065,000 after purchasing an additional 2,061,088 shares in the last quarter. Creative Planning increased its holdings 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 acquiring an additional 5,800,676 shares in the last quarter. Jones Financial Companies Lllp increased its holdings 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 acquiring an additional 314,511 shares in the last quarter. LPL Financial LLC increased its holdings 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 acquiring an additional 2,478,188 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings 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 acquiring an additional 5,367,298 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND traded down $0.27 during mid-day trading on Tuesday, hitting $70.67. 6,604,939 shares of the company traded hands, compared to its average volume of 7,905,487. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38. The business has a 50 day moving average of $71.85 and a 200 day moving average of $71.71.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.2163 per share. The ex-dividend date was Monday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.