Colton Groome Financial Advisors LLC Invests $570,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Colton Groome Financial Advisors LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, Holdings Channel reports. The firm bought 7,752 shares of the company’s stock, valued at approximately $570,000.

Other institutional investors have also modified their holdings of the company. Baystate Wealth Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 0.7% during the 4th quarter. Baystate Wealth Management LLC now owns 461,665 shares of the company’s stock worth $33,956,000 after purchasing an additional 3,040 shares during the period. Foster & Motley Inc. raised its position in shares of Vanguard Total Bond Market ETF by 1.7% in the 3rd quarter. Foster & Motley Inc. now owns 64,759 shares of the company’s stock valued at $4,519,000 after purchasing an additional 1,060 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Vanguard Total Bond Market ETF by 27.0% during the 3rd quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock valued at $1,764,089,000 after acquiring an additional 5,367,298 shares in the last quarter. Veery Capital LLC raised its position in shares of Vanguard Total Bond Market ETF by 6.0% during the 3rd quarter. Veery Capital LLC now owns 160,932 shares of the company’s stock valued at $11,230,000 after acquiring an additional 9,075 shares in the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. acquired a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $17,431,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock traded down $0.19 on Thursday, hitting $70.70. 6,349,484 shares of the stock traded hands, compared to its average volume of 8,135,850. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38. The company’s fifty day moving average is $72.07 and its 200 day moving average is $71.60.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.