Raymond James Financial Inc. Makes New $439.34 Million Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Raymond James Financial Inc. acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,109,590 shares of the company’s stock, valued at approximately $439,341,000.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after buying an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3,082.1% during the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after buying an additional 3,322,588 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 9,287.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock valued at $203,259,000 after buying an additional 2,796,469 shares during the last quarter. State Street Corp lifted its holdings in shares of Vanguard Total Bond Market ETF by 86.9% during the 3rd quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after buying an additional 1,863,233 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after buying an additional 1,664,458 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.4 %

Shares of Vanguard Total Bond Market ETF stock opened at $73.14 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The stock has a 50-day simple moving average of $72.27 and a 200-day simple moving average of $73.25.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.