Cape Investment Advisory Inc. Has $599,000 Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cape Investment Advisory Inc. grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 21.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,335 shares of the company’s stock after buying an additional 1,445 shares during the quarter. Cape Investment Advisory Inc.’s holdings in Vanguard Total Bond Market ETF were worth $599,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $25,000. Christopher J. Hasenberg Inc acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $31,000. Sound Income Strategies LLC lifted its position in Vanguard Total Bond Market ETF by 44.1% in 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 in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $34,000. Finally, YANKCOM Partnership purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $45,000.

Vanguard Total Bond Market ETF Stock Up 0.4 %

NASDAQ BND opened at $73.66 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The firm’s fifty day simple moving average is $72.18 and its 200-day simple moving average is $73.26.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. This is a boost 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 Company 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.