Prospect Financial Group LLC Purchases Shares of 100,262 Vanguard Total Bond Market ETF (NASDAQ:BND)

Prospect Financial Group LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 100,262 shares of the company’s stock, valued at approximately $7,210,000. Vanguard Total Bond Market ETF comprises 8.9% of Prospect Financial Group LLC’s investment portfolio, making the stock its biggest holding.

Several other large investors have also made changes to their positions in BND. JPMorgan Chase & Co. increased its position in 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 during the period. Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 16.7% in the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after acquiring an additional 8,312,317 shares during the last quarter. Essential Planning LLC. increased its position in Vanguard Total Bond Market ETF by 6,541.0% during the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after acquiring an additional 45,154,186 shares during the period. Wealthfront Advisers LLC increased its position in Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after acquiring an additional 28,060,256 shares during the period. Finally, Allworth Financial LP raised its stake in Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after purchasing an additional 1,664,458 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND opened at $73.00 on Tuesday. The company’s fifty day moving average is $72.64 and its two-hundred day moving average is $73.10. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.2195 dividend. The ex-dividend date was Monday, March 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.