Laurel Wealth Advisors LLC Buys 1,303 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Laurel Wealth Advisors LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 137.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,253 shares of the company’s stock after purchasing an additional 1,303 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $166,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in BND. Valeo Financial Advisors LLC lifted its position in Vanguard Total Bond Market ETF by 77.3% in the 3rd quarter. Valeo Financial Advisors LLC now owns 6,278 shares of the company’s stock valued at $438,000 after acquiring an additional 2,738 shares in the last quarter. Manning & Napier Group LLC lifted its position in Vanguard Total Bond Market ETF by 4.0% in the 3rd quarter. Manning & Napier Group LLC now owns 683,746 shares of the company’s stock valued at $47,712,000 after acquiring an additional 26,334 shares in the last quarter. Hemington Wealth Management lifted its position in Vanguard Total Bond Market ETF by 1.5% in the 3rd quarter. Hemington Wealth Management now owns 12,957 shares of the company’s stock valued at $904,000 after acquiring an additional 190 shares in the last quarter. Modus Advisors LLC lifted its position in Vanguard Total Bond Market ETF by 1.8% in the 3rd quarter. Modus Advisors LLC now owns 10,886 shares of the company’s stock valued at $760,000 after acquiring an additional 193 shares in the last quarter. Finally, Sunesis Advisors LLC purchased a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $839,000.

Vanguard Total Bond Market ETF Price Performance

BND traded up $0.16 during mid-day trading on Friday, reaching $70.73. 4,256,567 shares of the company traded hands, compared to its average volume of 7,959,856. The company’s fifty day moving average price is $71.87 and its 200-day moving average price is $71.70. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.38.

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 paid a dividend of $0.2163 per share. 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 Company 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.