Strategic Financial Concepts LLC Buys 2,796,469 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Strategic Financial Concepts LLC grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 9,287.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,826,578 shares of the company’s stock after acquiring an additional 2,796,469 shares during the period. Strategic Financial Concepts LLC owned 0.17% of Vanguard Total Bond Market ETF worth $203,259,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BND. Creative Planning lifted its stake in Vanguard Total Bond Market ETF by 8.6% in the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after acquiring an additional 7,248,297 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after purchasing an additional 4,687,550 shares in the last quarter. Allworth Financial LP lifted its position in shares of Vanguard Total Bond Market ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after purchasing an additional 417,578 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 3.7% during the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after purchasing an additional 518,083 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after buying an additional 548,650 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1 %

Shares of NASDAQ BND opened at $72.56 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The stock’s fifty day simple moving average is $72.32 and its two-hundred day simple moving average is $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.