Wealthfront Advisers LLC Increases Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Wealthfront Advisers LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2,218.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,325,200 shares of the company’s stock after buying an additional 28,060,256 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 1.7% of Wealthfront Advisers LLC’s holdings, making the stock its 12th largest position. Wealthfront Advisers LLC owned about 1.74% of Vanguard Total Bond Market ETF worth $2,108,775,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BND. Mesirow Financial Investment Management Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 9.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 45,215 shares of the company’s stock valued at $3,396,000 after purchasing an additional 3,792 shares in the last quarter. Ashton Thomas Securities LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 1.2% in the third quarter. Ashton Thomas Securities LLC now owns 14,355 shares of the company’s stock valued at $1,078,000 after purchasing an additional 169 shares in the last quarter. Proffitt & Goodson Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 7.3% in the third quarter. Proffitt & Goodson Inc. now owns 75,774 shares of the company’s stock valued at $5,691,000 after purchasing an additional 5,126 shares in the last quarter. Addison Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 2.6% in the third quarter. Addison Advisors LLC now owns 8,043 shares of the company’s stock valued at $604,000 after purchasing an additional 205 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its position in Vanguard Total Bond Market ETF by 2.6% in the third quarter. Nations Financial Group Inc. IA ADV now owns 16,650 shares of the company’s stock worth $1,251,000 after buying an additional 423 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.34 on Tuesday. The business has a fifty day moving average of $72.35 and a 200 day moving average of $73.21. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.