Pacific Life Fund Advisors LLC Has $28.50 Million Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Pacific Life Fund Advisors LLC lowered its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 53.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 396,363 shares of the company’s stock after selling 446,812 shares during the period. Vanguard Total Bond Market ETF makes up 3.0% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 12th largest holding. Pacific Life Fund Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $28,502,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of BND. Raymond James & Associates grew its stake in Vanguard Total Bond Market ETF by 16.1% in the 3rd quarter. Raymond James & Associates now owns 2,582,073 shares of the company’s stock valued at $193,940,000 after buying an additional 357,909 shares during the last quarter. Whitaker Myers Wealth Managers LTD. grew its stake in Vanguard Total Bond Market ETF by 18.2% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 9,975 shares of the company’s stock valued at $749,000 after buying an additional 1,534 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $208,000. Benchmark Wealth Management LLC grew its stake in Vanguard Total Bond Market ETF by 4.8% in the 3rd quarter. Benchmark Wealth Management LLC now owns 345,524 shares of the company’s stock valued at $25,952,000 after buying an additional 15,682 shares during the last quarter. Finally, Powers Advisory Group LLC grew its stake in Vanguard Total Bond Market ETF by 7.8% in the 3rd quarter. Powers Advisory Group LLC now owns 112,025 shares of the company’s stock valued at $8,414,000 after buying an additional 8,115 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $72.53 on Monday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The firm has a 50-day moving average price of $72.15 and a two-hundred day moving average price of $73.34.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. 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.