Eagle Rock Investment Company LLC Boosts Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Eagle Rock Investment Company LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 446,239 shares of the company’s stock after purchasing an additional 1,290 shares during the period. Vanguard Total Bond Market ETF accounts for 5.3% of Eagle Rock Investment Company LLC’s portfolio, making the stock its 2nd largest position. Eagle Rock Investment Company LLC’s holdings in Vanguard Total Bond Market ETF were worth $32,089,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning raised its position in shares of Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after purchasing an additional 8,691,058 shares during the last quarter. Axiom Advisory LLC increased its stake in 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 valued at $2,065,731,000 after purchasing an additional 4,794,485 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after purchasing an additional 4,687,550 shares in the last quarter. Franklin Resources Inc. raised its holdings in Vanguard Total Bond Market ETF by 3,082.1% in the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after buying an additional 3,322,588 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Vanguard Total Bond Market ETF by 86.9% in the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock worth $301,062,000 after buying an additional 1,863,233 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $71.93 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The firm has a 50 day moving average of $72.49 and a 200 day moving average of $73.39.

Vanguard Total Bond Market ETF Increases Dividend

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

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.