Inman Jager Wealth Management LLC Makes New $4.75 Million Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Inman Jager Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, Holdings Channel reports. The institutional investor bought 66,002 shares of the company’s stock, valued at approximately $4,746,000. Vanguard Total Bond Market ETF comprises about 3.7% of Inman Jager Wealth Management LLC’s holdings, making the stock its 4th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Christopher J. Hasenberg Inc acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at $31,000. Sound Income Strategies LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 44.1% during the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after purchasing an additional 146 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at $46,000. Northwest Investment Counselors LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at $46,000. Finally, Truvestments Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $51,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.64 on Thursday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The company’s 50-day moving average price is $72.33 and its two-hundred day moving average price is $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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.