Root Financial Partners LLC Has $3.66 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Root Financial Partners LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 94.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,896 shares of the company’s stock after acquiring an additional 24,731 shares during the quarter. Vanguard Total Bond Market ETF accounts for 0.5% of Root Financial Partners LLC’s portfolio, making the stock its 25th largest holding. Root Financial Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,660,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Quent Capital LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $25,000. Christopher J. Hasenberg Inc acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $31,000. Golden State Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $34,000. Sound Income Strategies LLC lifted its position 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 acquiring an additional 146 shares in the last quarter. Finally, Northwest Investment Counselors LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the third quarter worth about $46,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $72.30 on Friday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The firm has a 50-day moving average of $72.20 and a 200-day moving average of $73.34.

Vanguard Total Bond Market ETF Increases Dividend

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