Passive Capital Management LLC. Buys 1,940 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Passive Capital Management LLC. raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,573 shares of the company’s stock after acquiring an additional 1,940 shares during the quarter. Vanguard Total Bond Market ETF makes up 0.5% of Passive Capital Management LLC.’s holdings, making the stock its 27th biggest position. Passive Capital Management LLC.’s holdings in Vanguard Total Bond Market ETF were worth $1,407,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of BND. 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 acquiring an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. boosted its position in Vanguard Total Bond Market ETF by 3,082.1% during 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 period. Strategic Financial Concepts LLC increased its stake in shares of 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 worth $203,259,000 after purchasing an additional 2,796,469 shares in the last quarter. State Street Corp raised its position in shares of Vanguard Total Bond Market ETF by 86.9% in 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 period. Finally, Allworth Financial LP lifted its stake in shares of 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 buying an additional 1,664,458 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.1 %

Vanguard Total Bond Market ETF stock opened at $73.35 on Friday. The firm has a 50 day simple moving average of $72.15 and a 200 day simple moving average of $73.27. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

Vanguard Total Bond Market ETF 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.