MA Private Wealth Lowers Stake in Vanguard Total Bond Market ETF $BND

MA Private Wealth cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 449,654 shares of the company’s stock after selling 11,500 shares during the period. Vanguard Total Bond Market ETF makes up about 5.6% of MA Private Wealth’s portfolio, making the stock its 4th biggest holding. MA Private Wealth’s holdings in Vanguard Total Bond Market ETF were worth $33,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of BND. JPMorgan Chase & Co. grew its stake in Vanguard Total Bond Market ETF by 21.9% during the second quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after buying an additional 22,636,769 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Total Bond Market ETF by 2.9% in the 2nd 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. Creative Planning raised its position in shares of Vanguard Total Bond Market ETF by 5.8% in the 2nd quarter. Creative Planning now owns 114,896,140 shares of the company’s stock valued at $8,459,803,000 after buying an additional 6,332,554 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 7.0% during the 2nd quarter. Vanguard Group Inc. now owns 67,194,503 shares of the company’s stock worth $4,947,531,000 after acquiring an additional 4,407,252 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,594,592 shares of the company’s stock worth $1,605,990,000 after acquiring an additional 683,665 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $74.23 on Monday. The company’s 50 day simple moving average is $74.18 and its 200 day simple moving average is $74.19. Vanguard Total Bond Market ETF has a 1 year low of $71.41 and a 1 year high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.2455 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, February 2nd.

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.