Meeder Advisory Services Inc. Purchases 10,285 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Meeder Advisory Services Inc. grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 267,938 shares of the company’s stock after buying an additional 10,285 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 1.2% of Meeder Advisory Services Inc.’s investment portfolio, making the stock its 16th biggest holding. Meeder Advisory Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $19,267,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. May Hill Capital LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,239,000. StoneX Group Inc. raised its position in Vanguard Total Bond Market ETF by 21.2% in the fourth quarter. StoneX Group Inc. now owns 75,753 shares of the company’s stock worth $5,447,000 after acquiring an additional 13,266 shares during the period. National Bank of Canada FI boosted its stake in Vanguard Total Bond Market ETF by 41.2% in the fourth quarter. National Bank of Canada FI now owns 210,773 shares of the company’s stock valued at $15,157,000 after acquiring an additional 61,531 shares during the last quarter. Summit Financial LLC grew its position in shares of Vanguard Total Bond Market ETF by 8.3% during the 4th quarter. Summit Financial LLC now owns 99,748 shares of the company’s stock valued at $7,173,000 after acquiring an additional 7,604 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of Vanguard Total Bond Market ETF by 3.3% during the 4th quarter. Alliancebernstein L.P. now owns 842,804 shares of the company’s stock valued at $60,606,000 after acquiring an additional 27,024 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.0 %

NASDAQ:BND opened at $73.44 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The firm’s 50 day moving average is $72.80 and its 200 day moving average is $73.02.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be paid a $0.2404 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 annualized dividend and a dividend yield of 3.93%.

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.