22,548 Shares in Vanguard Total Bond Market ETF (NASDAQ:BND) Bought by Allodium Investment Consultants LLC

Allodium Investment Consultants LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, HoldingsChannel reports. The firm bought 22,548 shares of the company’s stock, valued at approximately $1,621,000. Vanguard Total Bond Market ETF comprises about 1.4% of Allodium Investment Consultants LLC’s investment portfolio, making the stock its 21st largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. JPMorgan Chase & Co. boosted its position in shares of Vanguard Total Bond Market ETF by 5.6% during the third 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 shares of 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 acquiring 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% during 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 raised its stake 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 in the last quarter. Finally, Allworth Financial LP raised its stake 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 in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.4 %

Vanguard Total Bond Market ETF stock opened at $72.76 on Friday. The firm’s fifty day moving average is $72.09 and its 200 day moving average is $73.28. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid 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 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.