Lakeridge Wealth Management LLC Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Lakeridge Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 232.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,872 shares of the company’s stock after purchasing an additional 9,696 shares during the quarter. Lakeridge Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $998,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in 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 worth $6,886,569,000 after purchasing an additional 7,248,297 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after buying an additional 4,687,550 shares in the last quarter. Allworth Financial LP grew its stake in Vanguard Total Bond Market ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock valued at $1,326,248,000 after acquiring an additional 417,578 shares during the last quarter. LPL Financial LLC grew its stake in Vanguard Total Bond Market ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in Vanguard Total Bond Market ETF by 5.2% during the 3rd 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 in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.3 %

Shares of NASDAQ BND opened at $72.53 on Friday. The firm’s 50-day moving average is $72.15 and its two-hundred day moving average is $73.33. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month 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. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend 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.