Foster & Motley Inc. Has $21.95 Million Stake in Vanguard Total Bond Market ETF $BND

Foster & Motley Inc. raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 25.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 296,362 shares of the company’s stock after acquiring an additional 59,767 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 1.2% of Foster & Motley Inc.’s investment portfolio, making the stock its 17th biggest holding. Foster & Motley Inc.’s holdings in Vanguard Total Bond Market ETF were worth $21,952,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BND. JPMorgan Chase & Co. lifted its holdings in Vanguard Total Bond Market ETF by 4.4% in the third quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock valued at $9,768,240,000 after buying an additional 5,476,153 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Total Bond Market ETF by 3.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 126,617,235 shares of the company’s stock worth $9,416,524,000 after buying an additional 4,214,874 shares during the period. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares in the last quarter. Vanguard Group Inc. lifted its stake in Vanguard Total Bond Market ETF by 7.0% in the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock valued at $5,348,226,000 after buying an additional 4,719,267 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Vanguard Total Bond Market ETF by 25.7% in the 3rd quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after acquiring an additional 4,686,304 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.5%

NASDAQ:BND opened at $73.48 on Tuesday. The business has a 50 day moving average price of $74.20 and a two-hundred day moving average price of $74.33. Vanguard Total Bond Market ETF has a twelve month low of $71.41 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2278 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, March 2nd.

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.