Vanguard Total Bond Market ETF (NASDAQ:BND) is Alesco Advisors LLC’s 8th Largest Position

Alesco Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,477,680 shares of the company’s stock after acquiring an additional 22,640 shares during the period. Vanguard Total Bond Market ETF comprises about 3.8% of Alesco Advisors LLC’s portfolio, making the stock its 8th biggest holding. Alesco Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $108,683,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Baystate Wealth Management LLC increased its stake 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 worth $33,956,000 after purchasing an additional 3,040 shares in the last quarter. Foster & Motley Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 1.7% in the third quarter. Foster & Motley Inc. now owns 64,759 shares of the company’s stock worth $4,519,000 after purchasing an additional 1,060 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of 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 worth $1,764,089,000 after purchasing an additional 5,367,298 shares in the last quarter. IMA Wealth Inc. increased its stake 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 worth $11,078,000 after purchasing an additional 6,452 shares in the last quarter. Finally, White Lighthouse Investment Management Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 21.2% in the fourth quarter. White Lighthouse Investment Management Inc. now owns 192,882 shares of the company’s stock worth $14,186,000 after purchasing an additional 33,732 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND traded up $0.16 during midday trading on Friday, reaching $70.73. The stock had a trading volume of 4,256,477 shares, compared to its average volume of 7,959,856. The stock has a 50-day moving average of $71.87 and a 200-day moving average of $71.67. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.2163 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost 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.