Brown Advisory Inc. Boosts Holdings in Vanguard Total Bond Market ETF $BND

Brown Advisory Inc. grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 181.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 342,877 shares of the company’s stock after purchasing an additional 220,955 shares during the quarter. Brown Advisory Inc.’s holdings in Vanguard Total Bond Market ETF were worth $25,397,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Bristlecone Value Partners LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $3,502,000. Ames National Corp raised its holdings in shares of Vanguard Total Bond Market ETF by 5.6% in the fourth quarter. Ames National Corp now owns 154,369 shares of the company’s stock valued at $11,434,000 after acquiring an additional 8,215 shares in the last quarter. Alaska Permanent Capital Management LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Alaska Permanent Capital Management LLC now owns 1,877,846 shares of the company’s stock valued at $139,111,000 after acquiring an additional 17,103 shares in the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 6.9% in the fourth quarter. Aptus Capital Advisors LLC now owns 178,936 shares of the company’s stock valued at $13,254,000 after acquiring an additional 11,475 shares in the last quarter. Finally, Apriem Advisors raised its holdings in shares of Vanguard Total Bond Market ETF by 1.9% in the fourth quarter. Apriem Advisors now owns 1,033,471 shares of the company’s stock valued at $76,549,000 after acquiring an additional 19,551 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.30 on Tuesday. The business has a 50-day moving average price of $73.37 and a 200 day moving average price of $73.91. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.