Straight Path Wealth Management Has $2.10 Million Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Straight Path Wealth Management lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,179 shares of the company’s stock after buying an additional 554 shares during the period. Vanguard Total Bond Market ETF comprises approximately 0.8% of Straight Path Wealth Management’s investment portfolio, making the stock its 17th biggest position. Straight Path Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $2,098,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of BND. Raymond James Financial Inc. bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $439,341,000. JPMorgan Chase & Co. grew 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 during the last quarter. Franklin Resources Inc. grew its stake in shares of 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 purchasing an additional 3,322,588 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in Vanguard Total Bond Market ETF by 9,287.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock valued at $203,259,000 after acquiring an additional 2,796,469 shares during the last quarter. Finally, State Street Corp boosted its position in Vanguard Total Bond Market ETF by 86.9% during the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after acquiring an additional 1,863,233 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4 %

Shares of BND opened at $73.14 on Thursday. The firm’s fifty day simple moving average is $72.27 and its two-hundred day simple moving average is $73.25. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.