Vanguard Total Bond Market ETF (NASDAQ:BND) Position Boosted by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 670,000 shares of the company’s stock after buying an additional 20,000 shares during the period. Vanguard Total Bond Market ETF comprises about 1.9% of Lockheed Martin Investment Management Co.’s investment portfolio, making the stock its 15th biggest holding. Lockheed Martin Investment Management Co.’s holdings in Vanguard Total Bond Market ETF were worth $48,180,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Creative Planning raised its holdings in Vanguard Total Bond Market ETF by 8.6% in the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after acquiring an additional 7,248,297 shares during the period. JPMorgan Chase & Co. grew 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 valued at $6,687,587,000 after buying an additional 4,687,550 shares during the last quarter. Axiom Advisory LLC increased its position in Vanguard Total Bond Market ETF by 20.7% during the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after acquiring an additional 4,794,485 shares during the period. Allworth Financial LP raised its position in shares of Vanguard Total Bond Market ETF by 2.4% during the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock valued at $1,326,248,000 after buying an additional 417,578 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of 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 worth $1,088,186,000 after purchasing an additional 518,083 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1 %

Shares of Vanguard Total Bond Market ETF stock opened at $72.27 on Wednesday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The firm’s 50-day simple moving average is $72.35 and its 200-day simple moving average is $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be paid a $0.2348 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date is Monday, February 3rd.

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.