Sage Financial Group Inc. Increases Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sage Financial Group Inc. raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.6% during the 4th quarter, HoldingsChannel reports. The fund owned 11,399 shares of the company’s stock after acquiring an additional 708 shares during the quarter. Sage Financial Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $820,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Creative Planning raised its stake in Vanguard Total Bond Market ETF by 8.6% during the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after acquiring an additional 7,248,297 shares during the period. Axiom Advisory LLC increased its stake in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after purchasing an additional 4,794,485 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 5.6% in 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 in the last quarter. Franklin Resources Inc. raised its position in shares of Vanguard Total Bond Market ETF by 3,082.1% during the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after purchasing an additional 3,322,588 shares during the period. Finally, State Street Corp lifted its stake in shares of Vanguard Total Bond Market ETF by 86.9% during the 3rd quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after buying an additional 1,863,233 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.1 %

Shares of BND stock opened at $72.34 on Thursday. The stock has a fifty day simple moving average of $72.38 and a two-hundred day simple moving average of $73.39. 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 Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.2334 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost 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.