BTC Capital Management Inc. Has $64.20 Million Stock Position in Vanguard Total Bond Market ETF $BND

BTC Capital Management Inc. grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 871,735 shares of the company’s stock after purchasing an additional 50,133 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 4.5% of BTC Capital Management Inc.’s investment portfolio, making the stock its 2nd biggest position. BTC Capital Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $64,204,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in BND. JPMorgan Chase & Co. increased its position in Vanguard Total Bond Market ETF by 4.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock worth $9,768,240,000 after buying an additional 5,476,153 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Total Bond Market ETF by 3.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 126,617,235 shares of the company’s stock valued at $9,416,524,000 after acquiring an additional 4,214,874 shares during the period. Creative Planning boosted its position in shares of Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the period. Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 7.0% in the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock valued at $5,348,226,000 after acquiring an additional 4,719,267 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Vanguard Total Bond Market ETF by 25.7% in the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after acquiring an additional 4,686,304 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2%

NASDAQ:BND opened at $73.64 on Wednesday. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.23. The firm’s 50-day simple moving average is $74.20 and its 200 day simple moving average is $74.33.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2278 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, March 2nd.

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.