Sovereign Financial Group Inc. Has $907,000 Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sovereign Financial Group Inc. boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,614 shares of the company’s stock after purchasing an additional 2,023 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $907,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Towneley Capital Management Inc DE increased its holdings in Vanguard Total Bond Market ETF by 4.7% in the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after buying an additional 145 shares during the period. Cypress Point Wealth Management LLC boosted its position in shares of Vanguard Total Bond Market ETF by 0.7% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock worth $1,498,000 after acquiring an additional 145 shares in the last quarter. Wealthstream Advisors Inc. increased its stake in Vanguard Total Bond Market ETF by 0.9% in the third quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock valued at $1,238,000 after acquiring an additional 145 shares during the last quarter. Belmont Capital LLC raised its position in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock valued at $136,000 after purchasing an additional 145 shares in the last quarter. Finally, SilverOak Wealth Management LLC lifted its stake in Vanguard Total Bond Market ETF by 1.5% during the third quarter. SilverOak Wealth Management LLC now owns 10,911 shares of the company’s stock worth $820,000 after purchasing an additional 158 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.1 %

Shares of BND stock opened at $71.22 on Wednesday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The stock’s fifty day moving average price is $72.50 and its two-hundred day moving average price is $73.40.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change 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.