TCG Advisory Services LLC Makes New $591,000 Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

TCG Advisory Services LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,039 shares of the company’s stock, valued at approximately $591,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. grew its holdings 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 buying an additional 176 shares during the last quarter. VitalStone Financial LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% during the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after acquiring an additional 396 shares during the last quarter. Steph & Co. purchased a new stake in Vanguard Total Bond Market ETF during the 3rd quarter worth about $33,000. Your Advocates Ltd. LLP acquired a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $34,000. Finally, Headlands Technologies LLC lifted its holdings in Vanguard Total Bond Market ETF by 134.2% in the 3rd quarter. Headlands Technologies LLC now owns 541 shares of the company’s stock valued at $38,000 after purchasing an additional 310 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND traded up $0.36 during midday trading on Friday, reaching $71.35. 7,256,902 shares of the stock were exchanged, compared to its average volume of 7,878,454. The stock has a 50 day moving average price of $71.76 and a 200-day moving average price of $71.77. 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 Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be paid a $0.2138 dividend. The ex-dividend date of this dividend is Wednesday, May 1st.

About Vanguard Total Bond Market ETF

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.