Meeder Advisory Services Inc. Has $19.27 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Meeder Advisory Services Inc. boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 267,938 shares of the company’s stock after purchasing an additional 10,285 shares during the quarter. Vanguard Total Bond Market ETF comprises about 1.2% of Meeder Advisory Services Inc.’s holdings, making the stock its 16th biggest position. Meeder Advisory Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $19,267,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Essential Planning LLC. grew its position in Vanguard Total Bond Market ETF by 6,541.0% in the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after purchasing an additional 45,154,186 shares during the period. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after buying an additional 28,060,256 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 11.3% during the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after buying an additional 10,057,150 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 16.7% during the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after buying an additional 8,312,317 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $439,341,000.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.44 on Wednesday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The company’s 50-day moving average is $72.80 and its 200 day moving average is $73.02.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be paid a $0.2404 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 annualized dividend and a dividend yield of 3.93%.

Vanguard Total Bond Market ETF Company 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.