Schmidt P J Investment Management Inc. Acquires 404 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Schmidt P J Investment Management Inc. grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,560 shares of the company’s stock after acquiring an additional 404 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $868,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in BND. Creative Planning raised its stake in Vanguard Total Bond Market ETF by 8.6% during the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after acquiring an additional 7,248,297 shares during the period. Vanguard Group Inc. raised its position in shares of Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after buying an additional 6,253,040 shares during the last quarter. Axiom Advisory LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after purchasing an additional 4,794,485 shares in the last quarter. Sei Investments Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 6.3% in the second quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock valued at $913,244,000 after purchasing an additional 746,645 shares in the last quarter. Finally, Arizona PSPRS Trust purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter valued at $472,909,000.

Vanguard Total Bond Market ETF Stock Up 0.2 %

NASDAQ BND opened at $73.31 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $68.20 and a 52 week high of $75.67. The company has a fifty day moving average of $74.60 and a two-hundred day moving average of $72.99.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2255 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 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.