Sage Financial Group Inc. Increases Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sage Financial Group Inc. raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,399 shares of the company’s stock after acquiring an additional 708 shares during the period. Sage Financial Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $820,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Creative Planning raised its stake in shares of Vanguard Total Bond Market ETF by 8.6% in the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after purchasing an additional 7,248,297 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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 buying an additional 4,687,550 shares in the last quarter. Axiom Advisory LLC raised its position in Vanguard Total Bond Market ETF by 20.7% in the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after buying an additional 4,794,485 shares during the last quarter. Allworth Financial LP raised its position in Vanguard Total Bond Market ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after buying an additional 417,578 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.1 %

Shares of BND stock opened at $72.34 on Thursday. The company has a 50 day moving average price of $72.38 and a 200-day moving average price of $73.39. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.2334 dividend. The ex-dividend date was Tuesday, December 24th. This is an increase 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.