Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Bought by Texas Treasury Safekeeping Trust Co.

Texas Treasury Safekeeping Trust Co. grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,901,583 shares of the company’s stock after purchasing an additional 919,970 shares during the period. Vanguard Total Bond Market ETF comprises approximately 28.5% of Texas Treasury Safekeeping Trust Co.’s holdings, making the stock its 2nd largest holding. Texas Treasury Safekeeping Trust Co.’s holdings in Vanguard Total Bond Market ETF were worth $855,843,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. N.E.W. Advisory Services LLC lifted its position in shares of Vanguard Total Bond Market ETF by 36.7% in the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after purchasing an additional 98,201 shares in the last quarter. Joel Adams & Associates Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $1,459,000. Truist Financial Corp lifted its position in shares of Vanguard Total Bond Market ETF by 115.3% in the fourth quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after purchasing an additional 1,194,696 shares in the last quarter. Estate Counselors LLC lifted its position in shares of Vanguard Total Bond Market ETF by 42.8% in the third quarter. Estate Counselors LLC now owns 23,638 shares of the company’s stock worth $1,772,000 after purchasing an additional 7,083 shares in the last quarter. Finally, Aurelius Family Office LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $7,595,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.34 on Tuesday. The company has a 50 day simple moving average of $72.35 and a 200-day simple moving average of $73.21. 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 firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date was Monday, March 3rd.

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.