Sterling Financial Planning Inc. Has $1.45 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sterling Financial Planning Inc. increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 186.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,682 shares of the company’s stock after acquiring an additional 12,811 shares during the quarter. Sterling Financial Planning Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,448,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BND. Milestone Investment Advisors LLC increased its position in Vanguard Total Bond Market ETF by 505.3% during the 1st quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock valued at $25,000 after purchasing an additional 288 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after purchasing an additional 176 shares during the period. VitalStone Financial LLC increased its position in Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after purchasing an additional 396 shares during the period. Northern Trust Corp increased its position in Vanguard Total Bond Market ETF by 9.1% during the 1st quarter. Northern Trust Corp now owns 37,414 shares of the company’s stock valued at $30,000 after purchasing an additional 3,132 shares during the period. Finally, Steph & Co. acquired a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $33,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND traded down $0.19 on Thursday, reaching $70.70. 6,349,484 shares of the stock traded hands, compared to its average volume of 8,135,850. The company’s 50 day moving average is $72.07 and its 200-day moving average is $71.60. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2163 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, April 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.