Advisory Services Network LLC increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.6% during the first quarter, according to a recent filing with the Securities & Exchange Commission. The institutional investor now owns 44,800 shares of the company’s stock, worth $3,254,000.
Other institutional investors and hedge funds have also made changes to their positions in BND. Whittier Trust Co. of Nevada Inc. saw a 90.3% growth in its position, while Lee Financial Co, ORG Partners LLC, Heritage Wealth Advisors, and Creative Capital Management Investments LLC acquired new stakes in the company.
Shares of NASDAQ BND opened at $72.98 on Friday, with a 52-week low of $67.99 and a high of $73.92. The company recently increased its dividend to $0.2207, up from $0.22.
The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that primarily invests in investment grade fixed income securities. Launched in 2007, the fund is managed by Vanguard.
For more information on Vanguard Total Bond Market ETF and its holdings, investors can visit HoldingsChannel.com for the latest 13F filings and insider trades.