CIBC Private Wealth Group LLC Increases Stake in Vanguard Total Bond Market ETF $BND

CIBC Private Wealth Group LLC grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 257.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,945 shares of the company’s stock after buying an additional 10,768 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,111,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Charis Legacy Partners LLC boosted its position in shares of Vanguard Total Bond Market ETF by 20.9% in the third quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock worth $4,093,000 after purchasing an additional 9,519 shares during the period. HighTower Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 6.1% during the 3rd quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock valued at $296,769,000 after purchasing an additional 227,732 shares during the period. Alesco Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 14.9% during the 3rd quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after purchasing an additional 294,238 shares during the period. Estate Counselors LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 6.3% during the 3rd quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock valued at $14,507,000 after buying an additional 11,590 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in shares of Vanguard Total Bond Market ETF by 1.4% during the 3rd quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock valued at $37,407,000 after buying an additional 6,843 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.8%

Shares of Vanguard Total Bond Market ETF stock opened at $73.17 on Monday. Vanguard Total Bond Market ETF has a fifty-two week low of $71.41 and a fifty-two week high of $75.23. The company has a fifty day moving average of $74.32 and a 200 day moving average of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.