Envestnet Portfolio Solutions Inc. Buys 15,860 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Envestnet Portfolio Solutions Inc. grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,262,544 shares of the company’s stock after acquiring an additional 15,860 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.13% of Vanguard Total Bond Market ETF worth $162,700,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of 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 buying an additional 4,687,550 shares in the last quarter. Essential Planning LLC. lifted its position in Vanguard Total Bond Market ETF by 6,541.0% in the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after acquiring an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Total Bond Market ETF by 2,218.3% during the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after purchasing an additional 28,060,256 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Vanguard Total Bond Market ETF by 9.4% in the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after purchasing an additional 1,664,458 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after purchasing an additional 518,083 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of NASDAQ:BND opened at $72.95 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The stock’s fifty day moving average price is $72.43 and its 200-day moving average price is $73.17.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2195 per share. The ex-dividend date of this dividend was Monday, March 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.