Red Crane Wealth Management LLC Invests $696,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Red Crane Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,684 shares of the company’s stock, valued at approximately $696,000.

A number of other institutional investors have also recently made changes to their positions in BND. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the last quarter. Allworth Financial LP boosted its position in Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after acquiring an additional 1,664,458 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Total Bond Market ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after buying an additional 518,083 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after purchasing an additional 548,650 shares during the last quarter. Finally, Arizona PSPRS Trust grew its position in Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after purchasing an additional 59,774 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.6 %

Vanguard Total Bond Market ETF stock opened at $73.33 on Wednesday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The business’s 50-day simple moving average is $72.10 and its two-hundred day simple moving average is $73.27.

Vanguard Total Bond Market ETF Increases Dividend

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

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.