Arbor Investment Advisors LLC Has $15.50 Million Stock Holdings in Vanguard Total Bond Market ETF $BND

Arbor Investment Advisors LLC boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.7% in the first quarter, Holdings Channel reports. The firm owned 210,523 shares of the company’s stock after purchasing an additional 9,544 shares during the period. Vanguard Total Bond Market ETF accounts for 2.0% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Arbor Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $15,503,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Morgan Stanley grew its stake in Vanguard Total Bond Market ETF by 15.0% in the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares during the period. Creative Planning raised its position in shares of Vanguard Total Bond Market ETF by 8.7% during 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 during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares in the last quarter. Finally, Valpey Financial Services LLC grew its position in shares of Vanguard Total Bond Market ETF by 7,708.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after purchasing an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.11 on Monday. The business has a 50 day simple moving average of $73.25 and a 200 day simple moving average of $73.81. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.2445 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.