SBI Securities Co. Ltd. Invests $14.71 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

SBI Securities Co. Ltd. bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 204,496 shares of the company’s stock, valued at approximately $14,705,000.

Other institutional investors have also made changes to their positions in the company. Quent Capital LLC bought a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $25,000. Christopher J. Hasenberg Inc acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $31,000. Golden State Wealth Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $34,000. Sound Income Strategies LLC grew its stake in 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 valued at $34,000 after buying an additional 146 shares during the last quarter. Finally, YANKCOM Partnership acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at about $45,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.66 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The firm has a 50 day moving average price of $72.18 and a two-hundred day moving average price of $73.26.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid 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 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.