Sovereign Financial Group Inc. Has $907,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sovereign Financial Group Inc. boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,614 shares of the company’s stock after acquiring an additional 2,023 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $907,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BND. Estate Counselors LLC grew its position in shares of Vanguard Total Bond Market ETF by 42.8% in the third quarter. Estate Counselors LLC now owns 23,638 shares of the company’s stock valued at $1,772,000 after purchasing an additional 7,083 shares during the last quarter. LJI Wealth Management LLC increased its position in Vanguard Total Bond Market ETF by 7.3% during the 2nd quarter. LJI Wealth Management LLC now owns 4,576 shares of the company’s stock worth $330,000 after buying an additional 311 shares during the period. B & T Capital Management DBA Alpha Capital Management lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.3% during the third quarter. B & T Capital Management DBA Alpha Capital Management now owns 15,187 shares of the company’s stock worth $1,141,000 after buying an additional 339 shares in the last quarter. Mesirow Financial Investment Management Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 2.3% in the second quarter. Mesirow Financial Investment Management Inc. now owns 41,423 shares of the company’s stock valued at $2,985,000 after acquiring an additional 950 shares during the period. Finally, Cannon Financial Strategists Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the second quarter valued at about $860,000.

Vanguard Total Bond Market ETF Stock Up 0.1 %

NASDAQ:BND opened at $71.22 on Wednesday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The firm’s 50-day simple moving average is $72.50 and its 200 day simple moving average is $73.40.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

About Vanguard Total Bond Market ETF

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.