MML Investors Services LLC Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

MML Investors Services LLC boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,705,919 shares of the company’s stock after acquiring an additional 83,516 shares during the period. MML Investors Services LLC owned about 0.10% of Vanguard Total Bond Market ETF worth $122,673,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. N.E.W. Advisory Services LLC lifted its stake in Vanguard Total Bond Market ETF by 36.7% during the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after purchasing an additional 98,201 shares during the last quarter. Joel Adams & Associates Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $1,459,000. Truist Financial Corp grew its position in shares of Vanguard Total Bond Market ETF by 115.3% in the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock valued at $160,426,000 after buying an additional 1,194,696 shares during the last quarter. Victory Capital Management Inc. raised its stake in Vanguard Total Bond Market ETF by 37.2% during the 4th quarter. Victory Capital Management Inc. now owns 346,882 shares of the company’s stock worth $24,944,000 after acquiring an additional 94,112 shares in the last quarter. Finally, Global View Capital Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at $1,577,000.

Vanguard Total Bond Market ETF Trading Down 0.2 %

BND opened at $72.65 on Friday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The business’s 50-day simple moving average is $72.94 and its 200-day simple moving average is $72.79.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.2404 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 dividend on an annualized basis and a yield of 3.97%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

Vanguard Total Bond Market ETF 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.