Foster Group Inc. Acquires 36,246 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Foster Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,650,502 shares of the company’s stock after buying an additional 36,246 shares during the quarter. Vanguard Total Bond Market ETF makes up 7.2% of Foster Group Inc.’s portfolio, making the stock its 4th largest position. Foster Group Inc. owned about 0.13% of Vanguard Total Bond Market ETF worth $119,975,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Summit Wealth Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 1st quarter worth approximately $421,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Total Bond Market ETF by 22.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 65,934,014 shares of the company’s stock valued at $4,736,733,000 after buying an additional 11,947,873 shares in the last quarter. Moneta Group Investment Advisors LLC raised its position in Vanguard Total Bond Market ETF by 119,230.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,572,648 shares of the company’s stock worth $759,539,000 after acquiring an additional 10,563,788 shares in the last quarter. Morgan Stanley lifted its stake in Vanguard Total Bond Market ETF by 12.3% in the fourth quarter. Morgan Stanley now owns 64,417,907 shares of the company’s stock valued at $4,627,783,000 after acquiring an additional 7,045,711 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Vanguard Total Bond Market ETF by 7.9% in the 4th quarter. JPMorgan Chase & Co. now owns 94,508,035 shares of the company’s stock valued at $6,789,457,000 after acquiring an additional 6,935,497 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock traded down $0.14 during midday trading on Friday, hitting $70.79. The company’s stock had a trading volume of 4,946,165 shares, compared to its average volume of 5,148,927. Vanguard Total Bond Market ETF has a 1-year low of $69.09 and a 1-year high of $74.90. The company has a 50-day moving average price of $71.60 and a two-hundred day moving average price of $72.66.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 7th. Investors of record on Tuesday, September 5th were paid a $0.1957 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.19. The ex-dividend date was Friday, September 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.