Apexium Financial LP Has $17.11 Million Stock Position in Vanguard Total Bond Market ETF $BND

Apexium Financial LP increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 230,015 shares of the company’s stock after buying an additional 20,489 shares during the quarter. Vanguard Total Bond Market ETF makes up 0.8% of Apexium Financial LP’s holdings, making the stock its 18th biggest position. Apexium Financial LP’s holdings in Vanguard Total Bond Market ETF were worth $17,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in Vanguard Total Bond Market ETF by 21.9% during the second quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after acquiring an additional 22,636,769 shares in the last quarter. Creative Planning lifted its stake 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 valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. Sei Investments Co. grew its position in shares of Vanguard Total Bond Market ETF by 46.9% in the 2nd quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock valued at $1,147,087,000 after acquiring an additional 4,971,692 shares during the period. Vanguard Group Inc. grew its position in shares of Vanguard Total Bond Market ETF by 7.0% in the 3rd quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock valued at $5,348,226,000 after acquiring an additional 4,719,267 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of Vanguard Total Bond Market ETF by 25.7% during the 3rd 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 during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2%

Shares of BND stock opened at $73.98 on Wednesday. The firm’s 50-day moving average is $74.36 and its 200-day moving average is $74.38. Vanguard Total Bond Market ETF has a 52-week low of $71.41 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2278 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.