Vanguard Total Bond Market ETF $BND is Joule Financial LLC’s Largest Position

Joule Financial LLC boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 898,873 shares of the company’s stock after acquiring an additional 18,705 shares during the quarter. Vanguard Total Bond Market ETF comprises 19.9% of Joule Financial LLC’s investment portfolio, making the stock its biggest holding. Joule Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $66,579,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Creative Planning increased its holdings 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 purchasing an additional 10,046,828 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock worth $9,768,240,000 after purchasing an additional 5,476,153 shares during the period. Sei Investments Co. increased its stake in Vanguard Total Bond Market ETF by 46.9% in the 2nd quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock valued at $1,147,087,000 after buying an additional 4,971,692 shares during the period. Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 7.0% during the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after acquiring an additional 4,719,267 shares during the period. Finally, Bank of America Corp DE raised its holdings in 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 worth $1,704,017,000 after purchasing an additional 4,686,304 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.58 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.23. The company has a 50-day moving average price of $74.16 and a 200 day moving average price of $74.30.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.25 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.