Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 30.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,446,596 shares of the company’s stock after buying an additional 577,878 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 0.7% of Retirement Systems of Alabama’s holdings, making the stock its 21st biggest holding. Retirement Systems of Alabama’s holdings in Vanguard Total Bond Market ETF were worth $175,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. Creative Planning boosted its stake in shares of 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 buying an additional 7,248,297 shares during the period. JPMorgan Chase & Co. increased its stake 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 valued at $6,687,587,000 after purchasing an additional 4,687,550 shares in the last quarter. Axiom Advisory LLC boosted its position in shares of Vanguard Total Bond Market ETF by 20.7% in the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after buying an additional 4,794,485 shares in the last quarter. Allworth Financial LP grew its position 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 valued at $1,326,248,000 after purchasing an additional 417,578 shares during the last quarter. Finally, LPL Financial LLC increased its position in Vanguard Total Bond Market ETF by 3.7% during the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after buying an additional 518,083 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.27 on Wednesday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The stock’s 50-day moving average price is $72.35 and its two-hundred day moving average price is $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be paid a $0.2348 dividend. The ex-dividend date is Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.