Prudential PLC Has $3.23 Million Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Prudential PLC lessened its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 17.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,950 shares of the company’s stock after selling 9,410 shares during the quarter. Prudential PLC’s holdings in Vanguard Total Bond Market ETF were worth $3,232,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 11.3% in the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after purchasing an additional 10,057,150 shares in the last quarter. Vanguard Group Inc. lifted its stake in Vanguard Total Bond Market ETF by 16.7% in the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after acquiring an additional 8,312,317 shares in the last quarter. Essential Planning LLC. boosted its position in Vanguard Total Bond Market ETF by 6,541.0% during the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after acquiring an additional 45,154,186 shares during the period. Wealthfront Advisers LLC grew its stake in Vanguard Total Bond Market ETF by 2,218.3% during the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after acquiring an additional 28,060,256 shares in the last quarter. Finally, Allworth Financial LP grew its stake in Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after acquiring an additional 1,664,458 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.82 on Friday. The company has a 50 day simple moving average of $72.90 and a 200-day simple moving average of $72.99. 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 announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.2404 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.91%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly 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.