Jacobi Capital Management LLC Sells 621 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Jacobi Capital Management LLC decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,509 shares of the company’s stock after selling 621 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.6% of Jacobi Capital Management LLC’s holdings, making the stock its 27th largest holding. Jacobi Capital Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,162,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Total Bond Market ETF by 5.6% during the third 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 during the last quarter. Allworth Financial LP boosted its holdings in 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 acquiring an additional 1,664,458 shares during the period. LPL Financial LLC grew its position in 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 worth $1,088,186,000 after acquiring an additional 518,083 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Vanguard Total Bond Market ETF by 5.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after purchasing an additional 548,650 shares during the period. Finally, Arizona PSPRS Trust lifted its position in Vanguard Total Bond Market ETF by 0.9% in the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after purchasing an additional 59,774 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.66 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The company’s 50 day moving average price is $72.18 and its 200-day moving average price is $73.27.

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 given a $0.2348 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

Vanguard Total Bond Market ETF Profile

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.