Smithbridge Asset Management Inc. DE Buys Shares of 23,987 Vanguard Total Bond Market ETF $BND

Smithbridge Asset Management Inc. DE purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 23,987 shares of the company’s stock, valued at approximately $1,766,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BND. Morgan Stanley lifted its position in shares of Vanguard Total Bond Market ETF by 15.0% during the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after buying an additional 16,287,510 shares during the last quarter. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC increased its position in Vanguard Total Bond Market ETF by 7,708.3% during the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after purchasing an additional 5,169,861 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.06 on Thursday. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23. The firm has a 50 day simple moving average of $73.27 and a 200 day simple moving average of $73.82.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be given a dividend of $0.2445 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.