Foster & Motley Inc. Purchases 53,030 Shares of Vanguard Total Bond Market ETF $BND

Foster & Motley Inc. grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 17.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 349,392 shares of the company’s stock after purchasing an additional 53,030 shares during the quarter. Vanguard Total Bond Market ETF comprises 1.3% of Foster & Motley Inc.’s portfolio, making the stock its 17th biggest holding. Foster & Motley Inc.’s holdings in Vanguard Total Bond Market ETF were worth $25,729,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in 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 buying an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after buying an additional 4,285,563 shares during the last quarter. Creative Planning boosted its position 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 valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the period. Morgan Stanley boosted its position in shares of Vanguard Total Bond Market ETF by 15.0% in the fourth 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 during the period. Finally, Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after acquiring an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.1%

Shares of BND stock opened at $73.60 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The firm’s fifty day simple moving average is $73.31 and its 200 day simple moving average is $73.84.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.