Absolute Capital Management LLC Boosts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Absolute Capital Management LLC raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 53.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,111 shares of the company’s stock after buying an additional 2,824 shares during the period. Absolute Capital Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $597,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Mountain Pacific Investment Advisers Inc. ID raised its stake in shares of Vanguard Total Bond Market ETF by 22.1% in the 4th quarter. Mountain Pacific Investment Advisers Inc. ID now owns 47,216 shares of the company’s stock valued at $3,473,000 after purchasing an additional 8,531 shares in the last quarter. Truist Financial Corp raised its stake in shares of Vanguard Total Bond Market ETF by 2.8% in the 4th quarter. Truist Financial Corp now owns 2,887,155 shares of the company’s stock valued at $212,350,000 after purchasing an additional 78,261 shares in the last quarter. Alesco Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 1.6% in the 4th quarter. Alesco Advisors LLC now owns 1,477,680 shares of the company’s stock valued at $108,683,000 after purchasing an additional 22,640 shares in the last quarter. New England Private Wealth Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the 4th quarter. New England Private Wealth Advisors LLC now owns 26,796 shares of the company’s stock valued at $1,971,000 after purchasing an additional 220 shares in the last quarter. Finally, Herold Advisors Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 716.8% in the 4th quarter. Herold Advisors Inc. now owns 52,024 shares of the company’s stock valued at $3,826,000 after purchasing an additional 45,655 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $70.73 on Friday. The firm’s 50-day simple moving average is $71.87 and its 200-day simple moving average is $71.69. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2163 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 1st.

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.