Financial Advocates Investment Management Purchases 49,740 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Financial Advocates Investment Management lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 45.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 158,277 shares of the company’s stock after buying an additional 49,740 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard Total Bond Market ETF were worth $11,382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $31,000. Sound Income Strategies LLC grew its position in shares of Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares during the period. YANKCOM Partnership bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $45,000. Future Financial Wealth Managment LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at $46,000. Finally, Northwest Investment Counselors LLC bought a new position in Vanguard Total Bond Market ETF during the third quarter worth $46,000.

Vanguard Total Bond Market ETF Stock Up 0.5 %

Shares of Vanguard Total Bond Market ETF stock opened at $72.64 on Thursday. The business has a 50-day simple moving average of $72.33 and a 200 day simple moving average of $73.36. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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.