Grove Street Fiduciary LLC Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Grove Street Fiduciary LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 46,776 shares of the company’s stock, valued at approximately $3,364,000. Vanguard Total Bond Market ETF comprises about 1.8% of Grove Street Fiduciary LLC’s investment portfolio, making the stock its 15th largest holding.

A number of other large investors have also made changes to their positions in BND. JPMorgan Chase & Co. increased its position in 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 worth $6,687,587,000 after purchasing 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% in the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after purchasing an additional 1,664,458 shares during the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Total Bond Market ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after buying an additional 518,083 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Vanguard Total Bond Market ETF by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after buying an additional 548,650 shares during the last quarter. Finally, Arizona PSPRS Trust raised its position in shares of Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after buying an additional 59,774 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.1 %

BND opened at $72.45 on Friday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The business’s 50 day moving average price is $72.08 and its 200 day moving average price is $73.30.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.