Sei Investments Co. Buys 746,645 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Sei Investments Co. increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,675,128 shares of the company’s stock after purchasing an additional 746,645 shares during the quarter. Vanguard Total Bond Market ETF makes up about 1.3% of Sei Investments Co.’s portfolio, making the stock its 8th largest holding. Sei Investments Co. owned about 0.85% of Vanguard Total Bond Market ETF worth $913,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in BND. King Luther Capital Management Corp raised its holdings in Vanguard Total Bond Market ETF by 2.7% in the 2nd quarter. King Luther Capital Management Corp now owns 21,720 shares of the company’s stock valued at $1,565,000 after buying an additional 572 shares during the last quarter. LJI Wealth Management LLC lifted its holdings in Vanguard Total Bond Market ETF by 7.3% in the second quarter. LJI Wealth Management LLC now owns 4,576 shares of the company’s stock valued at $330,000 after buying an additional 311 shares during the period. Glass Jacobson Investment Advisors llc lifted its stake in shares of Vanguard Total Bond Market ETF by 14.9% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 30,317 shares of the company’s stock valued at $2,184,000 after purchasing an additional 3,924 shares during the period. AllGen Financial Advisors Inc. acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at approximately $19,893,000. Finally, Mittelman Wealth Management acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at $288,000.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $75.30 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $75.67. The company’s 50-day moving average is $74.18 and its 200-day moving average is $72.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.2255 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.