Charles Schwab Trust Co Purchases 75,668 Shares of Vanguard Total Bond Market ETF $BND

Charles Schwab Trust Co increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 656,583 shares of the company’s stock after acquiring an additional 75,668 shares during the quarter. Vanguard Total Bond Market ETF makes up about 2.7% of Charles Schwab Trust Co’s investment portfolio, making the stock its 11th largest position. Charles Schwab Trust Co’s holdings in Vanguard Total Bond Market ETF were worth $48,200,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Morgan Stanley lifted its position in shares of Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares during the period. Creative Planning increased its holdings in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares during the period. JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after buying an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. raised its stake in Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares in the last quarter. Finally, Valpey Financial Services LLC lifted its holdings in Vanguard Total Bond Market ETF by 7,708.3% during the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after buying an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.3%

Shares of BND stock opened at $72.15 on Tuesday. Vanguard Total Bond Market ETF has a 1-year low of $72.07 and a 1-year high of $75.23. The stock’s 50-day moving average is $72.87 and its 200 day moving average is $73.51.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.2516 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, August 3rd.

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.