Armstrong Advisory Group Inc. Has $128.52 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Armstrong Advisory Group Inc. trimmed its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,787,164 shares of the company’s stock after selling 328,562 shares during the quarter. Vanguard Total Bond Market ETF makes up 10.3% of Armstrong Advisory Group Inc.’s portfolio, making the stock its 2nd largest position. Armstrong Advisory Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $128,515,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Christopher J. Hasenberg Inc bought a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $31,000. Abich Financial Wealth Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 289.9% in the second quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock worth $45,000 after buying an additional 461 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Vanguard Total Bond Market ETF during the second quarter valued at $46,000. Future Financial Wealth Managment LLC purchased a new position in Vanguard Total Bond Market ETF during the third quarter worth about $46,000. Finally, Northwest Investment Counselors LLC bought a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth about $46,000.

Vanguard Total Bond Market ETF Stock Up 0.8 %

NASDAQ:BND opened at $71.79 on Thursday. The business’s 50-day moving average price is $72.50 and its two-hundred day moving average price is $73.40. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.2334 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.