Financial Advocates Investment Management Has $11.38 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Financial Advocates Investment Management lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 45.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 158,277 shares of the company’s stock after purchasing an additional 49,740 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Total Bond Market ETF were worth $11,382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in BND. Access Financial Services Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 1.9% during the fourth quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock worth $553,000 after purchasing an additional 143 shares during the last quarter. Towneley Capital Management Inc DE grew its holdings 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 worth $244,000 after acquiring an additional 145 shares during the last quarter. Cypress Point Wealth Management LLC increased its position in Vanguard Total Bond Market ETF by 0.7% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after acquiring an additional 145 shares during the period. Wealthstream Advisors Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 0.9% during the third quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock valued at $1,238,000 after acquiring an additional 145 shares during the last quarter. Finally, Belmont Capital LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock worth $136,000 after purchasing an additional 145 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.64 on Thursday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The company’s fifty day moving average is $72.33 and its 200 day moving average is $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.2348 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 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.