Newport Capital Group LLC Has $10.80 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Newport Capital Group LLC lowered its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 150,231 shares of the company’s stock after selling 10,319 shares during the period. Vanguard Total Bond Market ETF accounts for about 8.0% of Newport Capital Group LLC’s holdings, making the stock its 4th biggest position. Newport Capital Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $10,804,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Planning raised its holdings in shares of Vanguard Total Bond Market ETF by 8.6% in 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 last quarter. JPMorgan Chase & Co. increased its holdings 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 worth $6,687,587,000 after purchasing an additional 4,687,550 shares in the last quarter. Allworth Financial LP raised its stake in shares of Vanguard Total Bond Market ETF by 2.4% in the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after purchasing an additional 417,578 shares during the last quarter. LPL Financial LLC lifted 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 valued at $1,088,186,000 after purchasing an additional 518,083 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of 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 valued at $829,599,000 after buying an additional 548,650 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $72.30 on Friday. The business has a fifty day simple moving average of $72.20 and a 200 day simple moving average of $73.34. 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 company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.2348 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.