Assetmark Inc. Raises Position in Vanguard Total Bond Market ETF $BND

Assetmark Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,951,598 shares of the company’s stock after acquiring an additional 314,725 shares during the period. Vanguard Total Bond Market ETF comprises about 0.7% of Assetmark Inc.’s holdings, making the stock its 29th largest holding. Assetmark Inc. owned approximately 0.24% of Vanguard Total Bond Market ETF worth $364,636,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after buying an additional 16,287,510 shares during the period. Creative Planning grew its holdings in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after acquiring an additional 8,283,073 shares during the period. Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC grew its position in Vanguard Total Bond Market ETF by 7,708.3% during the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after buying an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.81 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23. The business has a 50-day simple moving average of $73.11 and a two-hundred day simple moving average of $73.72.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 1st.

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.