Motley Fool Wealth Management LLC Acquires 2,053 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Motley Fool Wealth Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 89,774 shares of the company’s stock after buying an additional 2,053 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,597,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. DAVENPORT & Co LLC raised its position in Vanguard Total Bond Market ETF by 58.1% in the third quarter. DAVENPORT & Co LLC now owns 22,344 shares of the company’s stock valued at $1,559,000 after purchasing an additional 8,212 shares during the last quarter. GHP Investment Advisors Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the third quarter worth about $51,000. Family Firm Inc. raised its position in shares of Vanguard Total Bond Market ETF by 1.5% during the third quarter. Family Firm Inc. now owns 300,050 shares of the company’s stock worth $20,937,000 after acquiring an additional 4,429 shares during the last quarter. Evanson Asset Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 14.9% during the third quarter. Evanson Asset Management LLC now owns 8,215 shares of the company’s stock worth $573,000 after acquiring an additional 1,063 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 77.3% during the third quarter. Valeo Financial Advisors LLC now owns 6,278 shares of the company’s stock worth $438,000 after acquiring an additional 2,738 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND traded up $0.16 during mid-day trading on Friday, reaching $70.73. 4,256,567 shares of the company were exchanged, compared to its average volume of 7,959,856. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38. The business has a 50 day simple moving average of $71.87 and a two-hundred day simple moving average of $71.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2163 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, April 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.