Vanguard Total Bond Market ETF (NASDAQ:BND) is AllGen Financial Advisors Inc.’s Largest Position

AllGen Financial Advisors Inc. increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 17.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 693,345 shares of the company’s stock after acquiring an additional 103,811 shares during the quarter. Vanguard Total Bond Market ETF makes up about 16.7% of AllGen Financial Advisors Inc.’s holdings, making the stock its largest position. AllGen Financial Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $49,858,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 11.3% during the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock worth $7,125,878,000 after purchasing an additional 10,057,150 shares during the last quarter. Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 16.7% during the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after purchasing an additional 8,312,317 shares during the period. Essential Planning LLC. increased its position in Vanguard Total Bond Market ETF by 6,541.0% in the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after buying an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after buying an additional 28,060,256 shares during the period. Finally, Allworth Financial LP lifted its position in shares of Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after buying an additional 1,664,458 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.76 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The business has a 50-day moving average of $72.87 and a 200 day moving average of $73.02.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.2404 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 annualized dividend and a dividend yield of 3.91%.

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.