Kestra Advisory Services LLC Purchases 77,369 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Kestra Advisory Services LLC boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,126,138 shares of the company’s stock after buying an additional 77,369 shares during the period. Kestra Advisory Services LLC owned approximately 0.07% of Vanguard Total Bond Market ETF worth $80,981,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after purchasing an additional 4,687,550 shares during the last quarter. Essential Planning LLC. lifted its stake in shares of Vanguard Total Bond Market ETF by 6,541.0% in the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after purchasing an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% in the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after purchasing an additional 28,060,256 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after acquiring an additional 1,664,458 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after acquiring an additional 518,083 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.95 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The stock has a 50 day moving average price of $72.43 and a 200 day moving average price of $73.18.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.