Valmark Advisers Inc. Increases Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Valmark Advisers Inc. grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 32,715 shares of the company’s stock after buying an additional 5,441 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after buying an additional 4,687,550 shares in the last quarter. Allworth Financial LP lifted its position in shares of Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after buying an additional 1,664,458 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after buying an additional 518,083 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Vanguard Total Bond Market ETF by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after buying an additional 548,650 shares in the last quarter. Finally, Arizona PSPRS Trust lifted its position in shares of Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after buying an additional 59,774 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $72.53 on Monday. The stock’s 50 day moving average is $72.15 and its 200 day moving average is $73.34. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.