Alps Advisors Inc. Buys 62,320 Shares of Vanguard Total Bond Market ETF $BND

Alps Advisors Inc. lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,277,079 shares of the company’s stock after acquiring an additional 62,320 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 0.6% of Alps Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position. Alps Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $94,593,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in BND. Creative Planning increased its holdings in Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. increased its holdings in Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares in the last quarter. Valpey Financial Services LLC increased its holdings in Vanguard Total Bond Market ETF by 7,708.3% in the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after purchasing an additional 5,169,861 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Vanguard Total Bond Market ETF by 25.7% in the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock worth $1,704,017,000 after purchasing an additional 4,686,304 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.6%

Shares of BND stock opened at $73.33 on Friday. The stock has a 50 day simple moving average of $73.38 and a two-hundred day simple moving average of $73.93. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.2473 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, June 1st.

About Vanguard Total Bond Market ETF

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.