Bryn Mawr Trust Advisors LLC Increases Position in Vanguard Total Bond Market ETF $BND

Bryn Mawr Trust Advisors LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% in the third quarter, HoldingsChannel reports. The firm owned 1,258,068 shares of the company’s stock after purchasing an additional 26,708 shares during the period. Vanguard Total Bond Market ETF makes up about 4.6% of Bryn Mawr Trust Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Bryn Mawr Trust Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $93,563,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. Jim Saulnier & Associates LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $1,497,000. Jordan Park Group LLC increased its stake in shares of Vanguard Total Bond Market ETF by 682.7% in the 3rd quarter. Jordan Park Group LLC now owns 389,630 shares of the company’s stock valued at $28,977,000 after acquiring an additional 339,847 shares in the last quarter. Cahill Financial Advisors Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 415,422 shares of the company’s stock valued at $30,895,000 after acquiring an additional 3,798 shares during the period. Impact Partnership Wealth LLC bought a new position in Vanguard Total Bond Market ETF during the third quarter worth $241,000. Finally, Summit Global Investments acquired a new stake in Vanguard Total Bond Market ETF in the third quarter worth $201,000.

Vanguard Total Bond Market ETF Stock Down 0.0%

BND opened at $74.23 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $71.41 and a 1-year high of $75.15. The company has a fifty day moving average price of $74.26 and a two-hundred day moving average price of $74.13.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be given a $0.2455 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, February 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.