Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Position Increased by Summit Wealth Group LLC

Summit Wealth Group LLC boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.2% during the 4th quarter, Holdings Channel reports. The firm owned 482,934 shares of the company’s stock after buying an additional 1,027 shares during the quarter. Vanguard Total Bond Market ETF makes up about 10.1% of Summit Wealth Group LLC’s holdings, making the stock its 2nd biggest position. Summit Wealth Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $34,728,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Quent Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $25,000. Christopher J. Hasenberg Inc bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $31,000. Sound Income Strategies LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $34,000. Finally, YANKCOM Partnership bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $45,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.33 on Wednesday. The company’s 50-day moving average price is $72.10 and its 200-day moving average price is $73.27. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase 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.