Vanguard Total Bond Market ETF (NASDAQ:BND) Stake Boosted by Inman Jager Wealth Management LLC

Inman Jager Wealth Management LLC grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,910 shares of the company’s stock after purchasing an additional 9,908 shares during the quarter. Vanguard Total Bond Market ETF makes up about 4.2% of Inman Jager Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Inman Jager Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $5,576,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 11.3% during the 4th 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 during the period. Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 16.7% during the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after buying an additional 8,312,317 shares in the last quarter. Essential Planning LLC. raised its position in shares of Vanguard Total Bond Market ETF by 6,541.0% during the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after buying an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after buying an additional 28,060,256 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock worth $1,698,399,000 after buying an additional 1,376,702 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0%

BND opened at $73.30 on Thursday. The company has a fifty day moving average of $72.64 and a 200 day moving average of $72.59. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a dividend of $0.2403 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, June 2nd.

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.