Assetmark Inc. Raises Stock Position in Vanguard Total Bond Market ETF $BND

Assetmark Inc. boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,951,598 shares of the company’s stock after purchasing an additional 314,725 shares during the quarter. Vanguard Total Bond Market ETF comprises about 0.7% of Assetmark Inc.’s portfolio, making the stock its 29th biggest position. Assetmark Inc.’s holdings in Vanguard Total Bond Market ETF were worth $364,636,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Morgan Stanley increased its holdings in Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after buying an additional 16,287,510 shares during the period. Creative Planning lifted its holdings 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 buying an additional 10,046,828 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after acquiring an additional 8,283,073 shares during the period. Vanguard Group Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after acquiring an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC raised its position in shares of Vanguard Total Bond Market ETF by 7,708.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after acquiring an additional 5,169,861 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.0%

BND opened at $72.81 on Friday. The business’s 50-day moving average is $73.11 and its two-hundred day moving average is $73.72. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.2445 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.