Envestnet Portfolio Solutions Inc. Grows Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Envestnet Portfolio Solutions Inc. increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,262,544 shares of the company’s stock after acquiring an additional 15,860 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Total Bond Market ETF were worth $162,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Quent Capital LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $25,000. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $31,000. Sound Income Strategies LLC increased its holdings in Vanguard Total Bond Market ETF by 44.1% during the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 146 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $34,000. Finally, YANKCOM Partnership bought a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.95 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The firm has a fifty day moving average price of $72.43 and a 200-day moving average price of $73.17.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2195 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.