N.E.W. Advisory Services LLC Purchases 98,201 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

N.E.W. Advisory Services LLC increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 36.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 366,039 shares of the company’s stock after purchasing an additional 98,201 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 2.5% of N.E.W. Advisory Services LLC’s investment portfolio, making the stock its 11th largest position. N.E.W. Advisory Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $26,322,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BND. Christopher J. Hasenberg Inc bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $31,000. Sound Income Strategies LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000. Northwest Investment Counselors LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000. Finally, Truvestments Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $51,000.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.34 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The firm has a 50-day moving average price of $72.37 and a 200-day moving average price of $73.37.

Vanguard Total Bond Market ETF Increases Dividend

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

Vanguard Total Bond Market ETF 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.