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

3EDGE Asset Management LP acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 holdings, making the stock its 20th largest holding.

Several other hedge funds have also added to or reduced their stakes in BND. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 5.6% during 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. Allworth Financial LP lifted its holdings 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. LPL Financial LLC lifted its holdings in Vanguard Total Bond Market ETF by 3.7% during the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after purchasing an additional 518,083 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Vanguard Total Bond Market ETF by 5.2% during the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after purchasing an additional 548,650 shares during the period. Finally, Arizona PSPRS Trust increased its stake in shares of Vanguard Total Bond Market ETF by 0.9% in the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after purchasing an additional 59,774 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $72.26 on Wednesday. The firm’s 50 day moving average is $72.11 and its 200 day moving average is $73.31. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase 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.