Sumitomo Mitsui DS Asset Management Company Ltd Sells 181,573 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Sumitomo Mitsui DS Asset Management Company Ltd trimmed its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 587,399 shares of the company’s stock after selling 181,573 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Total Bond Market ETF were worth $42,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Creative Planning boosted its position in Vanguard Total Bond Market ETF by 8.6% during the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock valued at $6,886,569,000 after purchasing an additional 7,248,297 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after buying an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 3,082.1% in the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after buying an additional 3,322,588 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of Vanguard Total Bond Market ETF by 9,287.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock worth $203,259,000 after buying an additional 2,796,469 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Vanguard Total Bond Market ETF by 86.9% during the 3rd quarter. State Street Corp now owns 4,008,284 shares of the company’s stock worth $301,062,000 after acquiring an additional 1,863,233 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.56 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The firm has a 50 day moving average of $72.32 and a 200 day moving average of $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2348 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF 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.