JPMorgan Chase & Co. Acquires 10,057,150 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,094,389 shares of the company’s stock after purchasing an additional 10,057,150 shares during the period. Vanguard Total Bond Market ETF comprises approximately 0.5% of JPMorgan Chase & Co.’s investment portfolio, making the stock its 25th largest holding. JPMorgan Chase & Co. owned 5.87% of Vanguard Total Bond Market ETF worth $7,125,878,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BND. N.E.W. Advisory Services LLC grew its holdings in Vanguard Total Bond Market ETF by 36.7% during the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock valued at $26,322,000 after purchasing an additional 98,201 shares during the period. Joel Adams & Associates Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $1,459,000. Truist Financial Corp grew its stake in shares of Vanguard Total Bond Market ETF by 115.3% during the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after acquiring an additional 1,194,696 shares during the period. Global View Capital Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $1,577,000. Finally, Aurelius Family Office LLC bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $7,595,000.

Vanguard Total Bond Market ETF Stock Down 0.2 %

NASDAQ BND opened at $72.93 on Thursday. The firm’s 50-day simple moving average is $72.70 and its two-hundred day simple moving average is $73.09. 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 Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.2195 dividend. The ex-dividend date was Monday, March 3rd.

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.