Sei Investments Co. Buys 1,302,130 Shares of Vanguard Total Bond Market ETF $BND

Sei Investments Co. grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,881,213 shares of the company’s stock after buying an additional 1,302,130 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 1.3% of Sei Investments Co.’s holdings, making the stock its 9th biggest holding. Sei Investments Co. owned approximately 0.90% of Vanguard Total Bond Market ETF worth $1,255,456,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Orion Capital Management LLC acquired a new position in Vanguard Total Bond Market ETF in the third quarter valued at $32,000. Financial Gravity Companies Inc. acquired a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $34,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth about $44,000. Westfuller Advisors LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $46,000. Finally, Highline Wealth Partners LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 31,250.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock valued at $47,000 after purchasing an additional 625 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.4%

Shares of NASDAQ:BND opened at $73.62 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $71.41 and a 1 year high of $75.23. The stock has a 50-day simple moving average of $74.38 and a 200-day simple moving average of $74.37.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.2278 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.