Northwestern Mutual Wealth Management Co. Buys 4,285,563 Shares of Vanguard Total Bond Market ETF $BND

Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,902,798 shares of the company’s stock after acquiring an additional 4,285,563 shares during the period. Vanguard Total Bond Market ETF makes up about 6.1% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 2nd largest position. Northwestern Mutual Wealth Management Co. owned approximately 0.07% of Vanguard Total Bond Market ETF worth $9,695,970,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of BND. CKW Financial Group acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $28,000. Kelleher Financial Advisors acquired a new position in Vanguard Total Bond Market ETF in the third quarter worth approximately $32,000. Steigerwald Gordon & Koch Inc. acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $43,000. Kingdom Financial Group LLC. acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $43,000. Finally, TCTC Holdings LLC acquired a new position in Vanguard Total Bond Market ETF in the third quarter worth approximately $51,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.42 on Friday. The business’s 50-day moving average price is $73.44 and its 200 day moving average price is $74.02. Vanguard Total Bond Market ETF has a 1-year low of $72.19 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were given a dividend of $0.2417 per share. The ex-dividend date was Friday, May 1st.

Vanguard Total Bond Market ETF Company 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.