Worth Asset Management LLC Acquires 12,705 Shares of Vanguard Total Bond Market ETF $BND

Worth Asset Management LLC boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 35.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 48,200 shares of the company’s stock after acquiring an additional 12,705 shares during the period. Vanguard Total Bond Market ETF comprises approximately 1.1% of Worth Asset Management LLC’s holdings, making the stock its 15th largest position. Worth Asset Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,538,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in BND. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after buying an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Total Bond Market ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after acquiring an additional 4,285,563 shares during the last quarter. Creative Planning lifted its position in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after acquiring an additional 10,046,828 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in 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.

Vanguard Total Bond Market ETF Trading Up 0.2%

BND stock opened at $72.40 on Friday. The business has a 50-day simple moving average of $72.89 and a two-hundred day simple moving average of $73.53. Vanguard Total Bond Market ETF has a 52-week low of $72.07 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.2516 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, August 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.