Narus Financial Partners LLC Reduces Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Narus Financial Partners LLC trimmed its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 25.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,748 shares of the company’s stock after selling 13,898 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 1.0% of Narus Financial Partners LLC’s holdings, making the stock its 16th largest position. Narus Financial Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,858,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Creative Planning raised its holdings in Vanguard Total Bond Market ETF by 8.6% during the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock valued at $6,886,569,000 after acquiring an additional 7,248,297 shares during the period. Axiom Advisory LLC lifted its holdings in 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 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 worth $6,687,587,000 after purchasing an additional 4,687,550 shares during the period. Franklin Resources Inc. grew 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 buying an additional 3,322,588 shares in the last quarter. Finally, State Street Corp raised 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 valued at $301,062,000 after buying an additional 1,863,233 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $72.44 on Friday. The firm has a fifty day moving average price of $72.38 and a 200 day moving average price of $73.38. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.