Fiduciary Group LLC Makes New $1.09 Million Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Fiduciary Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, HoldingsChannel reports. The fund purchased 15,127 shares of the company’s stock, valued at approximately $1,088,000.

Several other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 5.6% during the third 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. Essential Planning LLC. lifted its position in shares of Vanguard Total Bond Market ETF by 6,541.0% during the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after buying an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after buying an additional 28,060,256 shares during the last quarter. Allworth Financial LP lifted its position in shares of Vanguard Total Bond Market ETF by 9.4% during the fourth 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. Finally, LPL Financial LLC lifted its position in shares of Vanguard Total Bond Market ETF by 3.7% during the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after buying an additional 518,083 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.38 on Friday. The firm has a 50-day simple moving average of $72.56 and a two-hundred day simple moving average of $73.15. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

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