291,010 Shares in Vanguard Total Bond Market ETF (NASDAQ:BND) Bought by Steele Capital Management Inc.

Steele Capital Management Inc. acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 291,010 shares of the company’s stock, valued at approximately $21,404,000. Vanguard Total Bond Market ETF accounts for 1.4% of Steele Capital Management Inc.’s portfolio, making the stock its 18th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in BND. Whittier Trust Co. of Nevada Inc. increased its stake in Vanguard Total Bond Market ETF by 90.3% in 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 increased its stake in Vanguard Total Bond Market ETF by 3,300.0% in the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after buying an additional 396 shares during the last quarter. Steph & Co. acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at $33,000. Your Advocates Ltd. LLP acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at $34,000. Finally, Union Savings Bank increased its stake in Vanguard Total Bond Market ETF by 218.8% in the 3rd quarter. Union Savings Bank now owns 510 shares of the company’s stock valued at $36,000 after buying an additional 350 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND traded up $0.21 during midday trading on Monday, reaching $70.94. The stock had a trading volume of 4,799,625 shares, compared to its average volume of 7,921,347. The firm has a 50 day simple moving average of $71.87 and a 200-day simple moving average of $71.70. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year 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 given a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is an increase 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.