Kestra Advisory Services LLC Has $103.57 Million Stock Holdings in Vanguard Total Bond Market ETF $BND

Kestra Advisory Services LLC increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,406,434 shares of the company’s stock after acquiring an additional 124,202 shares during the quarter. Kestra Advisory Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $103,570,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after acquiring an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Total Bond Market ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after acquiring an additional 4,285,563 shares during the period. Creative Planning grew its position in shares of Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares during the last quarter. Morgan Stanley grew its position in shares of Vanguard Total Bond Market ETF by 15.0% in the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after purchasing an additional 16,287,510 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.83 on Friday. The stock has a 50 day simple moving average of $73.18 and a 200 day simple moving average of $73.77. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

About Vanguard Total Bond Market ETF

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.