Spirepoint Private Client LLC Increases Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Spirepoint Private Client LLC increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 112,401 shares of the company’s stock after buying an additional 8,049 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 1.1% of Spirepoint Private Client LLC’s investment portfolio, making the stock its 28th biggest holding. Spirepoint Private Client LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,256,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 11.3% during the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after buying an additional 10,057,150 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 16.7% during the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after buying an additional 8,312,317 shares during the last quarter. Essential Planning LLC. grew its holdings in shares of 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 valued at $3,352,920,000 after buying an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of 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 valued at $2,108,775,000 after buying an additional 28,060,256 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Vanguard Total Bond Market ETF by 6.2% during the fourth quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock valued at $1,698,399,000 after buying an additional 1,376,702 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.06 on Tuesday. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.67. The company’s fifty day moving average price is $72.61 and its 200-day moving average price is $72.58.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.2403 per share. The ex-dividend date was Monday, June 2nd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.