Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Position Boosted by Smithfield Trust Co

Smithfield Trust Co grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 370,910 shares of the company’s stock after acquiring an additional 41,490 shares during the period. Vanguard Total Bond Market ETF makes up about 1.3% of Smithfield Trust Co’s holdings, making the stock its 19th largest position. Smithfield Trust Co’s holdings in Vanguard Total Bond Market ETF were worth $26,671,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 3,082.1% in the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after purchasing an additional 3,322,588 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 9,287.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock worth $203,259,000 after purchasing an additional 2,796,469 shares in the last quarter. State Street Corp lifted its stake in Vanguard Total Bond Market ETF by 86.9% during the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after purchasing an additional 1,863,233 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in Vanguard Total Bond Market ETF by 9.4% during the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after buying an additional 1,664,458 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.3 %

NASDAQ BND opened at $73.40 on Wednesday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The business’s fifty day moving average is $72.24 and its two-hundred day moving average is $73.25.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.2195 per share. The ex-dividend date is Monday, March 3rd.

Vanguard Total Bond Market ETF Company 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.