Strategies Wealth Advisors LLC Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Strategies Wealth Advisors LLC boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 315,435 shares of the company’s stock after purchasing an additional 9,574 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 4.7% of Strategies Wealth Advisors LLC’s holdings, making the stock its 7th biggest position. Strategies Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $22,929,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Milestone Investment Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 505.3% during the 1st quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock worth $25,000 after buying an additional 288 shares during the period. Northern Trust Corp raised its holdings in Vanguard Total Bond Market ETF by 9.1% during the 1st quarter. Northern Trust Corp now owns 37,414 shares of the company’s stock worth $30,000 after buying an additional 3,132 shares during the period. GoalVest Advisory LLC acquired a new stake in Vanguard Total Bond Market ETF during the 1st quarter worth about $32,000. Cullen Frost Bankers Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 14,533.3% in the 1st quarter. Cullen Frost Bankers Inc. now owns 439 shares of the company’s stock valued at $32,000 after purchasing an additional 436 shares during the period. Finally, Ahrens Investment Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at about $33,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND traded up $0.08 during trading hours on Monday, reaching $70.87. The company’s stock had a trading volume of 3,001,020 shares, compared to its average volume of 5,135,458. Vanguard Total Bond Market ETF has a 1-year low of $69.09 and a 1-year high of $74.90. The company has a 50 day moving average of $71.59 and a two-hundred day moving average of $72.62.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 7th. Stockholders of record on Tuesday, September 5th were issued a $0.1957 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Friday, September 1st.

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.