Matrix Trust Co Trims Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Matrix Trust Co trimmed its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,452 shares of the company’s stock after selling 1,945 shares during the quarter. Vanguard Total Bond Market ETF comprises about 1.1% of Matrix Trust Co’s holdings, making the stock its 21st largest position. Matrix Trust Co’s holdings in Vanguard Total Bond Market ETF were worth $6,504,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creative Planning boosted 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 purchasing an additional 8,691,058 shares in the last quarter. Axiom Advisory LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 20.7% in the 3rd 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 in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 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 worth $6,687,587,000 after purchasing an additional 4,687,550 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Vanguard Total Bond Market ETF by 3,082.1% during the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after acquiring an additional 3,322,588 shares during the period. Finally, State Street Corp boosted its holdings in Vanguard Total Bond Market ETF by 86.9% during the 3rd quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after acquiring an additional 1,863,233 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.5 %

Shares of Vanguard Total Bond Market ETF stock opened at $71.24 on Monday. The business’s 50 day simple moving average is $72.57 and its two-hundred day simple moving average is $73.41. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year 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. Shareholders of record on Tuesday, December 24th were paid a $0.2334 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

About Vanguard Total Bond Market ETF

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.