Grove Street Fiduciary LLC Takes $3.36 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Grove Street Fiduciary LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 46,776 shares of the company’s stock, valued at approximately $3,364,000. Vanguard Total Bond Market ETF accounts for about 1.8% of Grove Street Fiduciary LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other large investors also recently bought and sold shares of the business. Quent Capital LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $25,000. Christopher J. Hasenberg Inc acquired a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $31,000. Sound Income Strategies LLC lifted its stake in Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 146 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $34,000. Finally, YANKCOM Partnership acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.45 on Friday. The business has a 50 day simple moving average of $72.08 and a two-hundred day simple moving average of $73.30. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.