Schmidt P J Investment Management Inc. Grows Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Schmidt P J Investment Management Inc. raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,695 shares of the company’s stock after buying an additional 1,135 shares during the period. Schmidt P J Investment Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $913,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Christopher J. Hasenberg Inc purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $31,000. Sound Income Strategies LLC raised its position in shares of 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 valued at $34,000 after purchasing an additional 146 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $46,000. Northwest Investment Counselors LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth approximately $46,000. Finally, Truvestments Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter worth $51,000.

Vanguard Total Bond Market ETF Stock Up 0.5 %

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 firm’s fifty day moving average price is $72.33 and its 200 day moving average price is $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2348 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.