Diversified Portfolios Inc. Decreases Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Diversified Portfolios Inc. lowered its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 17.4% during the fourth quarter, HoldingsChannel reports. The firm owned 38,218 shares of the company’s stock after selling 8,025 shares during the period. Diversified Portfolios Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,748,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Creative Planning grew 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 valued at $6,886,569,000 after purchasing an additional 7,248,297 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of 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 buying an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Vanguard Total Bond Market ETF by 3,082.1% during the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after buying an additional 3,322,588 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Total Bond Market ETF by 9,287.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock worth $203,259,000 after buying an additional 2,796,469 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Vanguard Total Bond Market ETF by 86.9% in the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock worth $301,062,000 after buying an additional 1,863,233 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

NASDAQ BND opened at $72.24 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The company’s fifty day moving average price is $72.24 and its two-hundred day moving average price is $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2348 dividend. This is an increase 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 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.