Simmons Bank Boosts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Simmons Bank increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.2% in the fourth quarter, HoldingsChannel reports. The firm owned 4,347 shares of the company’s stock after purchasing an additional 572 shares during the quarter. Simmons Bank’s holdings in Vanguard Total Bond Market ETF were worth $313,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.6% during the third 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 during the last quarter. Allworth Financial LP raised its position in shares of Vanguard Total Bond Market ETF by 9.4% in the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after purchasing an additional 1,664,458 shares during the last quarter. LPL Financial LLC boosted its stake in Vanguard Total Bond Market ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after purchasing an additional 518,083 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after buying an additional 548,650 shares in the last quarter. Finally, Arizona PSPRS Trust grew its holdings in shares of Vanguard Total Bond Market ETF by 0.9% during the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after buying an additional 59,774 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1 %

BND stock opened at $73.35 on Friday. The stock’s 50 day simple moving average is $72.15 and its 200 day simple moving average is $73.27. 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 firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.2348 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend 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.