AdvisorNet Financial Inc Has $24.73 Million Holdings in Vanguard Total Bond Market ETF $BND

AdvisorNet Financial Inc increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 333,884 shares of the company’s stock after purchasing an additional 25,135 shares during the period. Vanguard Total Bond Market ETF comprises about 1.3% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 14th biggest holding. AdvisorNet Financial Inc’s holdings in Vanguard Total Bond Market ETF were worth $24,731,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning grew its holdings in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 4.4% in the third quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock worth $9,768,240,000 after purchasing an additional 5,476,153 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Vanguard Total Bond Market ETF by 46.9% during the second quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock worth $1,147,087,000 after purchasing an additional 4,971,692 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 7.0% during the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after purchasing an additional 4,719,267 shares during the period. Finally, Bank of America Corp DE grew its position in Vanguard Total Bond Market ETF by 25.7% during the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after purchasing an additional 4,686,304 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.58 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.23. The company’s fifty day simple moving average is $74.16 and its 200-day simple moving average is $74.31.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.1%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.