Means Investment CO. Inc. Sells 174 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Means Investment CO. Inc. lessened its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,420 shares of the company’s stock after selling 174 shares during the period. Means Investment CO. Inc.’s holdings in Vanguard Total Bond Market ETF were worth $246,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Creative Planning grew its stake in shares of Vanguard Total Bond Market ETF by 8.6% during the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after purchasing an additional 7,248,297 shares during the period. Axiom Advisory LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 20.7% during the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after acquiring an additional 4,794,485 shares during the period. JPMorgan Chase & Co. raised its position 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 valued at $6,687,587,000 after purchasing an additional 4,687,550 shares during the period. Franklin Resources Inc. raised its position in Vanguard Total Bond Market ETF by 3,082.1% in the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after purchasing an additional 3,322,588 shares during the period. Finally, State Street Corp lifted its position 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 worth $301,062,000 after purchasing an additional 1,863,233 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.34 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The business’s fifty day moving average price is $72.37 and its 200 day moving average price is $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase 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.