Marion Wealth Management Acquires 364 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Marion Wealth Management increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,931 shares of the company’s stock after purchasing an additional 364 shares during the period. Marion Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $642,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 202.9% during the 2nd quarter. Victory Capital Management Inc. now owns 154,089 shares of the company’s stock worth $11,102,000 after acquiring an additional 103,223 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Vanguard Total Bond Market ETF by 7.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 42,042 shares of the company’s stock worth $3,029,000 after buying an additional 2,805 shares during the period. Diversify Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $10,782,000. Breakwater Investment Management grew its stake in Vanguard Total Bond Market ETF by 1.2% in the 2nd quarter. Breakwater Investment Management now owns 169,770 shares of the company’s stock worth $12,232,000 after acquiring an additional 1,962 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its position in shares of Vanguard Total Bond Market ETF by 6.6% during the second quarter. Thompson Siegel & Walmsley LLC now owns 203,715 shares of the company’s stock worth $14,678,000 after acquiring an additional 12,592 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock traded down $0.07 during mid-day trading on Monday, hitting $71.17. The stock had a trading volume of 11,855,676 shares, compared to its average volume of 7,923,686. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The firm’s 50-day moving average is $72.57 and its two-hundred day moving average is $73.41.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.2334 dividend. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.