Fairway Wealth LLC Buys 658 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Fairway Wealth LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 12,372 shares of the company’s stock after acquiring an additional 658 shares during the period. Fairway Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $890,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $439,341,000. JPMorgan Chase & Co. increased its position in shares of 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 acquiring an additional 4,687,550 shares in the last quarter. Franklin Resources Inc. raised its holdings 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 acquiring an additional 3,322,588 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in 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 valued at $203,259,000 after acquiring an additional 2,796,469 shares in the last quarter. Finally, State Street Corp boosted its stake in Vanguard Total Bond Market ETF by 86.9% during the 3rd 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.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.34 on Tuesday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The business has a 50 day moving average price of $72.35 and a 200-day moving average price of $73.21.

Vanguard Total Bond Market ETF Cuts Dividend

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