Northwestern Mutual Wealth Management Co. Buys 4,285,563 Shares of Vanguard Total Bond Market ETF $BND

Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 130,902,798 shares of the company’s stock after purchasing an additional 4,285,563 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 6.1% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 2nd biggest holding. Northwestern Mutual Wealth Management Co. owned about 6.62% of Vanguard Total Bond Market ETF worth $9,695,970,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Creative Planning lifted its stake in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares during the last quarter. Vanguard Group Inc. lifted its stake in Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Total Bond Market ETF by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock worth $9,768,240,000 after purchasing an additional 5,476,153 shares during the last quarter. Bank of America Corp DE lifted its stake in Vanguard Total Bond Market ETF by 25.7% during the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock worth $1,704,017,000 after purchasing an additional 4,686,304 shares during the last quarter. Finally, Corient Private Wealth LLC raised its stake in Vanguard Total Bond Market ETF by 125.6% during the second quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock worth $539,426,000 after acquiring an additional 4,217,095 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.2%

BND opened at $73.42 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.19 and a fifty-two week high of $75.23. The company’s 50-day moving average price is $73.44 and its 200 day moving average price is $74.02.

Vanguard Total Bond Market ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a $0.2417 dividend. The ex-dividend date was Friday, May 1st.

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.