Arbor Investment Advisors LLC Purchases 35,171 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Arbor Investment Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 22.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 189,306 shares of the company’s stock after purchasing an additional 35,171 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 1.9% of Arbor Investment Advisors LLC’s holdings, making the stock its 13th biggest position. Arbor Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $13,613,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BND. Quent Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $25,000. Christopher J. Hasenberg Inc bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $31,000. Sound Income Strategies LLC grew its stake in shares of Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after acquiring an additional 146 shares during the period. Golden State Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $34,000. Finally, YANKCOM Partnership bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $45,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.76 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The business has a 50 day simple moving average of $72.09 and a two-hundred day simple moving average of $73.28.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.