JPMorgan Chase & Co. Buys 10,057,150 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

JPMorgan Chase & Co. increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,094,389 shares of the company’s stock after acquiring an additional 10,057,150 shares during the quarter. Vanguard Total Bond Market ETF comprises about 0.5% of JPMorgan Chase & Co.’s holdings, making the stock its 25th biggest holding. JPMorgan Chase & Co. owned 0.06% of Vanguard Total Bond Market ETF worth $7,125,878,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Quent Capital LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $25,000. Christopher J. Hasenberg Inc purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $31,000. Sound Income Strategies LLC increased its position in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after purchasing an additional 146 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $34,000. Finally, YANKCOM Partnership bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.93 on Thursday. The company’s fifty day moving average price is $72.70 and its 200-day moving average price is $73.09. 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 company also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2195 per share. 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.