Vanguard Total Bond Market ETF $BND Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,631,542 shares of the company’s stock after purchasing an additional 78,750 shares during the quarter. Franklin Resources Inc. owned approximately 0.18% of Vanguard Total Bond Market ETF worth $268,988,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in 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 worth $10,342,364,000 after purchasing an additional 8,283,073 shares during the period. Northwestern Mutual Wealth Management Co. boosted 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 valued at $9,695,970,000 after acquiring an additional 4,285,563 shares during the period. Creative Planning boosted its holdings in shares of 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 valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after acquiring an additional 6,989,480 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Vanguard Total Bond Market ETF by 25.7% during the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after acquiring an additional 4,686,304 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.97 on Wednesday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The firm has a fifty day moving average of $73.39 and a 200-day moving average of $73.95.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.2473 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, June 1st.

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.