Pacific Life Fund Advisors LLC Sells 446,812 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Pacific Life Fund Advisors LLC reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 53.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 396,363 shares of the company’s stock after selling 446,812 shares during the quarter. Vanguard Total Bond Market ETF accounts for 3.0% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 12th largest position. 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 Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BND. JPMorgan Chase & Co. increased its stake 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 valued at $6,687,587,000 after buying an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. increased its stake in Vanguard Total Bond Market ETF by 3,082.1% in the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after buying an additional 3,322,588 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in Vanguard Total Bond Market ETF by 9,287.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock valued at $203,259,000 after buying an additional 2,796,469 shares during the last quarter. State Street Corp increased its stake in Vanguard Total Bond Market ETF by 86.9% in the 3rd quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after buying an additional 1,863,233 shares during the last quarter. Finally, Allworth Financial LP increased its stake in Vanguard Total Bond Market ETF by 9.4% in 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 during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.3 %

Shares of BND stock opened at $72.53 on Monday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The firm’s fifty day moving average price is $72.15 and its two-hundred day moving average price is $73.34.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. This is a positive change 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.