Sei Investments Co. Acquires 1,302,130 Shares of Vanguard Total Bond Market ETF $BND

Sei Investments Co. increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.4% in the third quarter, Holdings Channel reports. The firm owned 16,881,213 shares of the company’s stock after acquiring an additional 1,302,130 shares during the period. Vanguard Total Bond Market ETF makes up 1.3% of Sei Investments Co.’s portfolio, making the stock its 9th biggest position. Sei Investments Co.’s holdings in Vanguard Total Bond Market ETF were worth $1,255,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in Vanguard Total Bond Market ETF by 21.9% in the second quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock valued at $9,267,835,000 after purchasing an additional 22,636,769 shares during the period. Creative Planning boosted its position in shares of Vanguard Total Bond Market ETF by 5.8% in the second quarter. Creative Planning now owns 114,896,140 shares of the company’s stock worth $8,459,803,000 after buying an additional 6,332,554 shares during the period. Vanguard Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 7.0% in the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after buying an additional 4,719,267 shares during the period. Corient Private Wealth LLC grew its stake in shares of Vanguard Total Bond Market ETF by 125.6% in the second quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock valued at $539,426,000 after buying an additional 4,217,095 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Total Bond Market ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 122,402,361 shares of the company’s stock valued at $9,012,486,000 after buying an additional 3,485,369 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.4%

Shares of NASDAQ:BND opened at $73.62 on Friday. The business’s 50-day simple moving average is $74.38 and its 200 day simple moving average is $74.37. Vanguard Total Bond Market ETF has a one year low of $71.41 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.2278 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.