Trust Point Inc. Boosts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Trust Point Inc. raised its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 37.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,125 shares of the company’s stock after purchasing an additional 10,477 shares during the quarter. Trust Point Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,800,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Tallon Kerry Patrick acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $474,000. Capital & Planning LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $8,564,000. Brighton Jones LLC grew its stake in shares of Vanguard Total Bond Market ETF by 99.6% in the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after buying an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Vanguard Total Bond Market ETF by 19.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Vanguard Total Bond Market ETF by 29.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 162,875 shares of the company’s stock valued at $11,712,000 after buying an additional 36,679 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4%

Shares of NASDAQ BND opened at $72.70 on Monday. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.67. The stock has a fifty day simple moving average of $72.56 and a 200-day simple moving average of $72.60.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid a dividend of $0.2403 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, June 2nd.

About Vanguard Total Bond Market ETF

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.