HM Payson & Co. Has $1.07 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

HM Payson & Co. boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,819 shares of the company’s stock after buying an additional 1,719 shares during the quarter. HM Payson & Co.’s holdings in Vanguard Total Bond Market ETF were worth $1,066,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in 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 valued at $6,687,587,000 after purchasing an additional 4,687,550 shares during the last quarter. 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 valued at $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 valued at $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 valued at $829,599,000 after purchasing an additional 548,650 shares during the last quarter. Finally, Arizona PSPRS Trust raised its position in Vanguard Total Bond Market ETF by 0.9% in the 3rd quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after purchasing an additional 59,774 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.00 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The business has a fifty day moving average of $72.32 and a 200-day moving average of $73.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date was 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.