Motiv8 Investments LLC Grows Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Motiv8 Investments LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 93,646 shares of the company’s stock after purchasing an additional 11,593 shares during the period. Vanguard Total Bond Market ETF accounts for about 4.7% of Motiv8 Investments LLC’s investment portfolio, making the stock its 5th biggest holding. Motiv8 Investments LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,034,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Essex Financial Services Inc. grew its position in Vanguard Total Bond Market ETF by 4.9% during the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock valued at $217,000 after purchasing an additional 140 shares during the last quarter. Cahaba Wealth Management Inc. raised its holdings in Vanguard Total Bond Market ETF by 0.8% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after acquiring an additional 142 shares during the last quarter. Hill Investment Group Partners LLC lifted its position in Vanguard Total Bond Market ETF by 0.8% in the 2nd quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock valued at $1,277,000 after acquiring an additional 144 shares in the last quarter. Towneley Capital Management Inc DE boosted its stake in Vanguard Total Bond Market ETF by 4.7% during the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after purchasing an additional 145 shares during the last quarter. Finally, MN Wealth Advisors LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 0.6% in the 2nd quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock worth $1,810,000 after purchasing an additional 151 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of BND stock traded down $0.15 during mid-day trading on Friday, hitting $73.16. The company’s stock had a trading volume of 4,641,724 shares, compared to its average volume of 6,571,402. Vanguard Total Bond Market ETF has a 52-week low of $68.34 and a 52-week high of $75.67. The business has a 50-day moving average price of $74.57 and a 200 day moving average price of $73.01.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.2255 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

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.