Vanguard Total Bond Market ETF (NASDAQ:BND) Stake Boosted by Smithfield Trust Co

Smithfield Trust Co lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 370,910 shares of the company’s stock after purchasing an additional 41,490 shares during the quarter. Vanguard Total Bond Market ETF comprises 1.3% of Smithfield Trust Co’s portfolio, making the stock its 19th largest position. Smithfield Trust Co’s holdings in Vanguard Total Bond Market ETF were worth $26,671,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. N.E.W. Advisory Services LLC increased its position in Vanguard Total Bond Market ETF by 36.7% in the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after buying an additional 98,201 shares during the period. Joel Adams & Associates Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $1,459,000. Truist Financial Corp increased its holdings in shares of Vanguard Total Bond Market ETF by 115.3% in the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after acquiring an additional 1,194,696 shares during the period. Estate Counselors LLC lifted its position in Vanguard Total Bond Market ETF by 42.8% in the 3rd 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. Finally, Aurelius Family Office LLC acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $7,595,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND opened at $73.40 on Wednesday. The company has a 50-day moving average price of $72.24 and a two-hundred day moving average price of $73.25. 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 Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a $0.2195 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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.