NEOS Investment Management LLC Grows Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

NEOS Investment Management LLC raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 63.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 439,164 shares of the company’s stock after purchasing an additional 171,137 shares during the period. Vanguard Total Bond Market ETF comprises 0.7% of NEOS Investment Management LLC’s portfolio, making the stock its 18th biggest position. NEOS Investment Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $31,580,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Quent Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $25,000. Christopher J. Hasenberg Inc purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $31,000. Sound Income Strategies LLC boosted its position in Vanguard Total Bond Market ETF by 44.1% during 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. Golden State Wealth Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $34,000. Finally, YANKCOM Partnership bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth $45,000.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of BND stock opened at $72.93 on Thursday. The stock’s 50-day moving average is $72.70 and its 200 day moving average is $73.09. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year 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. Stockholders of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date 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.