Tide Cove Capital Partners LLC Makes New $13.56 Million Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Tide Cove Capital Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 190,509 shares of the company’s stock, valued at approximately $13,556,000. Vanguard Total Bond Market ETF makes up about 9.5% of Tide Cove Capital Partners LLC’s investment portfolio, making the stock its 2nd biggest position.

A number of other large investors have also recently made changes to their positions in BND. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after acquiring an additional 8,691,058 shares during the last quarter. Axiom Advisory LLC lifted its stake in Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after purchasing an additional 4,794,485 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after purchasing 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 valued at $253,060,000 after buying an additional 3,322,588 shares during the period. Finally, State Street Corp grew its stake in shares of 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 buying an additional 1,863,233 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.16 on Wednesday. The stock has a 50 day moving average price of $72.43 and a 200 day moving average price of $73.40. 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 business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.