Prudential Financial Inc. Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Prudential Financial Inc. increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 33.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,617,185 shares of the company’s stock after buying an additional 657,632 shares during the period. Prudential Financial Inc.’s holdings in Vanguard Total Bond Market ETF were worth $189,694,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Moors & Cabot Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 3.4% in the third quarter. Moors & Cabot Inc. now owns 5,424 shares of the company’s stock worth $407,000 after acquiring an additional 178 shares during the period. Camden National Bank bought a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth about $233,000. Certified Advisory Corp grew its holdings in Vanguard Total Bond Market ETF by 23.9% during the 3rd quarter. Certified Advisory Corp now owns 10,188 shares of the company’s stock valued at $765,000 after buying an additional 1,968 shares in the last quarter. Truepoint Inc. grew its holdings in Vanguard Total Bond Market ETF by 44.3% during the 3rd quarter. Truepoint Inc. now owns 14,992 shares of the company’s stock valued at $1,126,000 after buying an additional 4,605 shares in the last quarter. Finally, StoneX Group Inc. increased its position in shares of Vanguard Total Bond Market ETF by 200.4% during the third quarter. StoneX Group Inc. now owns 62,487 shares of the company’s stock valued at $4,693,000 after buying an additional 41,689 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.32 on Monday. The firm has a 50 day moving average of $72.60 and a 200-day moving average of $73.12. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.2195 dividend. The ex-dividend date was Monday, March 3rd.

About Vanguard Total Bond Market ETF

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.