Vanguard Total Bond Market ETF $BND Shares Purchased by Financial Management Professionals Inc.

Financial Management Professionals Inc. grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 571,537 shares of the company’s stock after acquiring an additional 30,418 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 4.0% of Financial Management Professionals Inc.’s holdings, making the stock its 9th largest position. Financial Management Professionals Inc.’s holdings in Vanguard Total Bond Market ETF were worth $41,959,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in 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 in the last quarter. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. Morgan Stanley increased its holdings 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 buying an additional 16,287,510 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after buying an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $72.15 on Tuesday. Vanguard Total Bond Market ETF has a 52-week low of $72.07 and a 52-week high of $75.23. The firm has a fifty day moving average of $72.87 and a 200-day moving average of $73.51.

Vanguard Total Bond Market ETF Increases Dividend

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

Vanguard Total Bond Market ETF 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.