New Jersey Better Educational Savings Trust Purchases Shares of 373,365 Vanguard Total Bond Market ETF $BND

New Jersey Better Educational Savings Trust acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 373,365 shares of the company’s stock, valued at approximately $27,767,000. Vanguard Total Bond Market ETF makes up 47.1% of New Jersey Better Educational Savings Trust’s portfolio, making the stock its 2nd largest position.

Several other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in shares of Vanguard Total Bond Market ETF by 21.9% during the second quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after acquiring an additional 22,636,769 shares during the last quarter. Creative Planning boosted its holdings in shares of Vanguard Total Bond Market ETF by 5.8% during the 2nd quarter. Creative Planning now owns 114,896,140 shares of the company’s stock valued at $8,459,803,000 after purchasing an additional 6,332,554 shares during the last quarter. Sei Investments Co. grew its position in shares of Vanguard Total Bond Market ETF by 46.9% during the second quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock valued at $1,147,087,000 after purchasing an additional 4,971,692 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Vanguard Total Bond Market ETF by 7.0% during the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock valued at $5,348,226,000 after purchasing an additional 4,719,267 shares in the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 125.6% in the second quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock worth $539,426,000 after purchasing an additional 4,217,095 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $74.88 on Tuesday. The stock has a 50 day moving average of $74.22 and a 200 day moving average of $74.25. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.2455 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.