5T Wealth LLC Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

5T Wealth LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, HoldingsChannel.com reports. The fund bought 11,362 shares of the company’s stock, valued at approximately $817,000.

Several other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake in Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after acquiring an additional 4,687,550 shares during the period. Allworth Financial LP raised its position in Vanguard Total Bond Market ETF by 9.4% during the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after acquiring an additional 1,664,458 shares during the period. LPL Financial LLC raised its position in Vanguard Total Bond Market ETF by 3.7% during the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after acquiring an additional 518,083 shares during the period. The Manufacturers Life Insurance Company raised its position in Vanguard Total Bond Market ETF by 5.2% during the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after acquiring an additional 548,650 shares during the period. Finally, Arizona PSPRS Trust raised its position in Vanguard Total Bond Market ETF by 0.9% during the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after acquiring an additional 59,774 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.53 on Monday. The company has a fifty day moving average of $72.15 and a two-hundred day moving average of $73.34. 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 firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2348 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.