HighTower Advisors LLC Has $301.56 Million Stake in Vanguard Total Bond Market ETF $BND

HighTower Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.0% during the fourth quarter, Holdings Channel reports. The fund owned 4,071,280 shares of the company’s stock after buying an additional 80,843 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $301,560,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. grew its holdings in Vanguard Total Bond Market ETF by 5.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,515,588 shares of the company’s stock worth $112,260,000 after purchasing an additional 82,056 shares during the period. Lutz Financial Services LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 7.8% during the fourth quarter. Lutz Financial Services LLC now owns 1,362,944 shares of the company’s stock valued at $100,953,000 after purchasing an additional 98,264 shares during the period. Cornerstone Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 3.6% during the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after purchasing an additional 152 shares during the period. Entrust Financial LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $4,720,000. Finally, Sherry Group Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $4,372,000.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of Vanguard Total Bond Market ETF stock opened at $72.69 on Tuesday. The business has a 50-day simple moving average of $73.60 and a 200 day simple moving average of $74.09. Vanguard Total Bond Market ETF has a one year low of $71.76 and a one year high of $75.23.

Vanguard Total Bond Market ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a dividend of $0.2417 per share. The ex-dividend date was Friday, May 1st.

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.