Charles Schwab Trust Co Acquires 89,659 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Charles Schwab Trust Co grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 46.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 281,011 shares of the company’s stock after buying an additional 89,659 shares during the quarter. Vanguard Total Bond Market ETF makes up 1.7% of Charles Schwab Trust Co’s portfolio, making the stock its 17th largest position. Charles Schwab Trust Co’s holdings in Vanguard Total Bond Market ETF were worth $20,208,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Creative Planning raised its holdings 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 valued at $6,083,769,000 after purchasing an additional 8,691,058 shares during the period. Axiom Advisory LLC increased its holdings in shares of 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 worth $2,065,731,000 after acquiring an additional 4,794,485 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 during the last quarter. Franklin Resources Inc. raised its position 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 valued at $253,060,000 after purchasing an additional 3,322,588 shares during the period. Finally, State Street Corp raised its holdings in Vanguard Total Bond Market ETF by 86.9% in the 3rd 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 period.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $71.95 on Tuesday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The business has a 50 day moving average of $72.45 and a 200-day moving average of $73.40.

Vanguard Total Bond Market ETF Increases Dividend

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

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.