Dravo Bay LLC Has $847,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Dravo Bay LLC increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 20.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,772 shares of the company’s stock after buying an additional 1,977 shares during the quarter. Vanguard Total Bond Market ETF accounts for 0.4% of Dravo Bay LLC’s portfolio, making the stock its 27th biggest holding. Dravo Bay LLC’s holdings in Vanguard Total Bond Market ETF were worth $847,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in 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 worth $6,687,587,000 after purchasing an additional 4,687,550 shares during the period. Allworth Financial LP raised its position in 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 raised its position 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 during the last quarter. The Manufacturers Life Insurance Company raised its position in Vanguard Total Bond Market ETF by 5.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after purchasing an additional 548,650 shares during the last quarter. Finally, Arizona PSPRS Trust grew its holdings in Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after acquiring an additional 59,774 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.1 %

BND opened at $73.61 on Tuesday. The company has a fifty day moving average price of $72.21 and a two-hundred day moving average price of $73.25. 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 company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be given a $0.2195 dividend. The ex-dividend date of this dividend is 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.