JPMorgan Chase & Co. Purchases 8,283,073 Shares of Vanguard Total Bond Market ETF $BND

JPMorgan Chase & Co. grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 139,629,587 shares of the company’s stock after purchasing an additional 8,283,073 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.6% of JPMorgan Chase & Co.’s investment portfolio, making the stock its 18th largest holding. JPMorgan Chase & Co. owned 7.07% of Vanguard Total Bond Market ETF worth $10,342,364,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after purchasing an additional 4,285,563 shares in the last quarter. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Total Bond Market ETF by 25.7% in the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after purchasing an additional 4,686,304 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Vanguard Total Bond Market ETF by 3.1% in the fourth quarter. Allworth Financial LP now owns 21,272,987 shares of the company’s stock valued at $1,575,690,000 after acquiring an additional 641,984 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.83 on Monday. The stock’s 50-day simple moving average is $73.40 and its 200 day simple moving average is $73.97. Vanguard Total Bond Market ETF has a 52-week low of $72.19 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.