Shorepath Capital Management LLC Boosts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Shorepath Capital Management LLC boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,275 shares of the company’s stock after purchasing an additional 822 shares during the quarter. Vanguard Total Bond Market ETF comprises about 0.5% of Shorepath Capital Management LLC’s holdings, making the stock its 22nd largest position. Shorepath Capital Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $739,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in BND. Abich Financial Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF by 289.9% during the second quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock valued at $45,000 after purchasing an additional 461 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth approximately $46,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at $46,000. Northwest Investment Counselors LLC acquired a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $46,000. Finally, Truvestments Capital LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at about $51,000.

Vanguard Total Bond Market ETF Trading Down 0.1 %

Shares of NASDAQ:BND opened at $71.17 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The firm has a fifty day moving average price of $72.54 and a 200 day moving average price of $73.41.

Vanguard Total Bond Market ETF Increases Dividend

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

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.