Titleist Asset Management LLC Buys Shares of 117,906 Vanguard Total Bond Market ETF (NASDAQ:BND)

Titleist Asset Management LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 117,906 shares of the company’s stock, valued at approximately $8,479,000. Vanguard Total Bond Market ETF accounts for about 1.0% of Titleist Asset Management LLC’s holdings, making the stock its 21st biggest holding.

Other institutional investors have also made changes to their positions in the company. Essential Planning LLC. grew its position in shares of Vanguard Total Bond Market ETF by 6,541.0% during the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after buying an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after buying an additional 28,060,256 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Vanguard Total Bond Market ETF by 11.3% in the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after purchasing an additional 10,057,150 shares during the last quarter. Vanguard Group Inc. increased its stake in Vanguard Total Bond Market ETF by 16.7% in the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after buying an additional 8,312,317 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $439,341,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.82 on Friday. The company has a fifty day moving average of $72.90 and a 200-day moving average of $72.99. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a $0.2404 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date was Tuesday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.