Forbes Financial Planning Inc. Buys 24,427 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Forbes Financial Planning Inc. grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 44.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,646 shares of the company’s stock after buying an additional 24,427 shares during the period. Vanguard Total Bond Market ETF accounts for about 4.2% of Forbes Financial Planning Inc.’s investment portfolio, making the stock its 12th largest position. Forbes Financial Planning Inc.’s holdings in Vanguard Total Bond Market ETF were worth $5,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. N.E.W. Advisory Services LLC increased its position in Vanguard Total Bond Market ETF by 36.7% in the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after purchasing an additional 98,201 shares during the last quarter. Joel Adams & Associates Inc. bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth $1,459,000. Truist Financial Corp increased its position in Vanguard Total Bond Market ETF by 115.3% in the fourth quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after purchasing an additional 1,194,696 shares during the last quarter. Estate Counselors LLC increased its position in Vanguard Total Bond Market ETF by 42.8% in the third quarter. Estate Counselors LLC now owns 23,638 shares of the company’s stock worth $1,772,000 after purchasing an additional 7,083 shares during the last quarter. Finally, Global View Capital Management LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth $1,577,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.13 on Wednesday. The company’s fifty day moving average is $72.49 and its 200 day moving average is $73.14. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2195 per share. The ex-dividend date of this dividend was Monday, March 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.