Wealthspire Advisors LLC Raises Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Wealthspire Advisors LLC boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 46.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 329,116 shares of the company’s stock after buying an additional 104,739 shares during the quarter. Wealthspire Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $24,207,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 0.7% in the fourth quarter. Baystate Wealth Management LLC now owns 461,665 shares of the company’s stock valued at $33,956,000 after purchasing an additional 3,040 shares during the period. Fiducient Advisors LLC boosted its position in Vanguard Total Bond Market ETF by 6.2% during the fourth quarter. Fiducient Advisors LLC now owns 581,081 shares of the company’s stock worth $42,739,000 after purchasing an additional 33,692 shares in the last quarter. Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 27.0% in the third quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock valued at $1,764,089,000 after purchasing an additional 5,367,298 shares during the period. IMA Wealth Inc. increased its position in shares of Vanguard Total Bond Market ETF by 4.2% in the third quarter. IMA Wealth Inc. now owns 158,763 shares of the company’s stock valued at $11,078,000 after buying an additional 6,452 shares in the last quarter. Finally, White Lighthouse Investment Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 21.2% during the 4th quarter. White Lighthouse Investment Management Inc. now owns 192,882 shares of the company’s stock worth $14,186,000 after buying an additional 33,732 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.3 %

BND stock traded up $0.19 during trading on Thursday, hitting $71.58. The stock had a trading volume of 4,525,179 shares, compared to its average volume of 7,767,403. The company’s 50-day moving average price is $71.73 and its two-hundred day moving average price is $71.81. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $74.24.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were given a $0.2138 dividend. The ex-dividend date of this dividend was Wednesday, May 1st.

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.