Robertson Stephens Wealth Management LLC Raises Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Robertson Stephens Wealth Management LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 53.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 20,497 shares of the company’s stock after acquiring an additional 7,174 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,474,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of BND. Christopher J. Hasenberg Inc acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $31,000. Sound Income Strategies LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000. Northwest Investment Counselors LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000. Finally, Truvestments Capital LLC acquired a new stake in Vanguard Total Bond Market ETF during the third quarter valued at approximately $51,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $72.56 on Friday. The stock’s 50 day moving average price is $72.32 and its two-hundred day moving average price is $73.36. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

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.