Ketron Financial Invests $1.43 Million in Vanguard Total Bond Market ETF $BND

Ketron Financial purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,290 shares of the company’s stock, valued at approximately $1,429,000. Vanguard Total Bond Market ETF makes up approximately 0.5% of Ketron Financial’s investment portfolio, making the stock its 18th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after buying an additional 8,283,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Total Bond Market ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after buying an additional 4,285,563 shares during the last quarter. Creative Planning increased its holdings in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. Morgan Stanley lifted its stake in shares of Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after acquiring an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.34 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The business’s fifty day moving average is $73.35 and its 200 day moving average is $73.87.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.2473 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.