3EDGE Asset Management LP Invests $12.56 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

3EDGE Asset Management LP acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 174,611 shares of the company’s stock, valued at approximately $12,556,000. Vanguard Total Bond Market ETF comprises approximately 0.8% of 3EDGE Asset Management LP’s investment portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised 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 valued at $6,687,587,000 after acquiring an additional 4,687,550 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Vanguard Total Bond Market ETF by 3,082.1% in the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after purchasing an additional 3,322,588 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in Vanguard Total Bond Market ETF by 9,287.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock valued at $203,259,000 after purchasing an additional 2,796,469 shares in the last quarter. State Street Corp lifted its position in Vanguard Total Bond Market ETF by 86.9% during the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after purchasing an additional 1,863,233 shares during the last quarter. Finally, Allworth Financial LP lifted its position in Vanguard Total Bond Market ETF by 9.4% during the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after purchasing an additional 1,664,458 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.26 on Wednesday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The company’s fifty day moving average price is $72.11 and its 200-day moving average price is $73.31.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2348 per share. This is an increase 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.