Breakwater Investment Management Sells 2,230 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Breakwater Investment Management cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 177,767 shares of the company’s stock after selling 2,230 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 5.4% of Breakwater Investment Management’s investment portfolio, making the stock its 4th biggest position. Breakwater Investment Management’s holdings in Vanguard Total Bond Market ETF were worth $12,783,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 8.6% during the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after buying an additional 7,248,297 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the last quarter. Axiom Advisory LLC boosted its position in shares of Vanguard Total Bond Market ETF by 20.7% during the 3rd 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 during the period. Allworth Financial LP increased its holdings in Vanguard Total Bond Market ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock valued at $1,326,248,000 after purchasing an additional 417,578 shares during the last quarter. Finally, LPL Financial LLC raised its position in Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after purchasing an additional 518,083 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $71.95 on Tuesday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The stock’s fifty day moving average is $72.45 and its two-hundred day moving average is $73.40.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

About Vanguard Total Bond Market ETF

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.