Armbruster Capital Management Inc. Takes $325,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Armbruster Capital Management Inc. bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,526 shares of the company’s stock, valued at approximately $325,000.

Several other institutional investors and hedge funds have also bought and sold shares of BND. Legacy Financial Group LLC raised its stake in shares of Vanguard Total Bond Market ETF by 7.1% during the fourth quarter. Legacy Financial Group LLC now owns 88,299 shares of the company’s stock valued at $6,350,000 after acquiring an additional 5,885 shares during the last quarter. Bryant Woods Investment Advisors LLC purchased a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $910,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $405,000. ETF Portfolio Partners Inc. lifted its holdings in Vanguard Total Bond Market ETF by 3.6% in the 4th quarter. ETF Portfolio Partners Inc. now owns 77,216 shares of the company’s stock worth $5,553,000 after buying an additional 2,649 shares during the period. Finally, FIDELIS iM LLC grew its position in shares of Vanguard Total Bond Market ETF by 0.8% in the 4th quarter. FIDELIS iM LLC now owns 444,454 shares of the company’s stock worth $31,960,000 after buying an additional 3,512 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.04 on Monday. The business has a 50 day moving average of $72.39 and a 200 day moving average of $73.39. 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 Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued 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.