Ryan Investment Management Inc. Has $9.16 Million Holdings in Vanguard Total Bond Market ETF $BND

Ryan Investment Management Inc. lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 123,670 shares of the company’s stock after buying an additional 13,504 shares during the quarter. Vanguard Total Bond Market ETF comprises 5.1% of Ryan Investment Management Inc.’s portfolio, making the stock its 8th biggest holding. Ryan Investment Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $9,160,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares during the period. JPMorgan Chase & Co. raised its position 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 valued at $9,768,240,000 after buying an additional 5,476,153 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 46.9% in the second quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock worth $1,147,087,000 after buying an additional 4,971,692 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 7.0% in the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after buying an additional 4,719,267 shares in the last quarter. Finally, Bank of America Corp DE boosted its position 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 worth $1,704,017,000 after acquiring an additional 4,686,304 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND opened at $73.26 on Wednesday. The firm has a 50-day simple moving average of $74.28 and a two-hundred day simple moving average of $74.37. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2278 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 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.