Joel Adams & Associates Inc. Takes $1.46 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Joel Adams & Associates Inc. bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,294 shares of the company’s stock, valued at approximately $1,459,000. Vanguard Total Bond Market ETF makes up approximately 1.3% of Joel Adams & Associates Inc.’s investment portfolio, making the stock its 13th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position 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 purchasing an additional 4,687,550 shares in the last quarter. Allworth Financial LP lifted its stake in 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 purchasing an additional 1,664,458 shares during the last quarter. LPL Financial LLC lifted its stake in 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 purchasing an additional 518,083 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Vanguard Total Bond Market ETF by 5.2% during the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after buying an additional 548,650 shares in the last quarter. Finally, Arizona PSPRS Trust grew its position in Vanguard Total Bond Market ETF by 0.9% in the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after buying an additional 59,774 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4 %

NASDAQ BND opened at $72.26 on Wednesday. The business’s fifty day moving average is $72.11 and its two-hundred day moving average is $73.31. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.