HM Payson & Co. Has $1.07 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

HM Payson & Co. lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,819 shares of the company’s stock after buying an additional 1,719 shares during the period. HM Payson & Co.’s holdings in Vanguard Total Bond Market ETF were worth $1,066,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Quent Capital LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $25,000. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $31,000. Sound Income Strategies LLC raised its holdings in Vanguard Total Bond Market ETF by 44.1% during 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. Golden State Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $34,000. Finally, YANKCOM Partnership bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $45,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $73.00 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The stock’s 50 day moving average price is $72.32 and its two-hundred day moving average price is $73.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date was Monday, March 3rd.

About Vanguard Total Bond Market ETF

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.