Archer Investment Corp Raises Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Archer Investment Corp lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.7% in the 4th quarter, Holdings Channel reports. The firm owned 16,708 shares of the company’s stock after acquiring an additional 1,884 shares during the period. Archer Investment Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,201,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Creative Planning boosted its position 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 buying an additional 7,248,297 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after purchasing an additional 4,687,550 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Vanguard Total Bond Market ETF by 2.4% during the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock valued at $1,326,248,000 after purchasing an additional 417,578 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after purchasing an additional 518,083 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after acquiring an additional 548,650 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.56 on Friday. The business has a 50 day moving average of $72.32 and a 200 day moving average of $73.36. 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 disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. 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.