Beacon Investment Advisory Services Inc. Purchases 7,541 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Beacon Investment Advisory Services Inc. lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,488 shares of the company’s stock after buying an additional 7,541 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $6,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TBH Global Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the first quarter worth $268,000. Charles Schwab Investment Advisory Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 28.0% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 5,880 shares of the company’s stock valued at $427,000 after purchasing an additional 1,286 shares during the period. Fortis Capital Advisors LLC grew its stake in shares of Vanguard Total Bond Market ETF by 37.9% during the 1st quarter. Fortis Capital Advisors LLC now owns 6,109 shares of the company’s stock valued at $444,000 after purchasing an additional 1,678 shares during the period. Souders Financial Advisors grew its stake in shares of Vanguard Total Bond Market ETF by 29.4% during the 1st quarter. Souders Financial Advisors now owns 139,353 shares of the company’s stock valued at $10,121,000 after purchasing an additional 31,625 shares during the period. Finally, BHK Investment Advisors LLC grew its stake in shares of Vanguard Total Bond Market ETF by 89.5% during the 1st quarter. BHK Investment Advisors LLC now owns 343,972 shares of the company’s stock valued at $24,983,000 after purchasing an additional 162,456 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.3 %

Shares of Vanguard Total Bond Market ETF stock traded down $0.19 during trading hours on Thursday, reaching $72.91. 7,671,317 shares of the stock traded hands, compared to its average volume of 6,989,352. The company has a 50 day moving average price of $72.13 and a 200 day moving average price of $72.15. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were paid a $0.2207 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Monday, July 1st.

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.