Abbrea Capital LLC Buys 2,697 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Abbrea Capital LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.4% during the 4th quarter, Holdings Channel reports. The firm owned 195,435 shares of the company’s stock after acquiring an additional 2,697 shares during the period. Vanguard Total Bond Market ETF makes up 2.1% of Abbrea Capital LLC’s holdings, making the stock its 12th biggest holding. Abbrea Capital LLC’s holdings in Vanguard Total Bond Market ETF were worth $14,374,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in BND. Whittier Trust Co. of Nevada Inc. raised its stake in Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after buying an additional 176 shares during the period. VitalStone Financial LLC raised its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% in the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after purchasing an additional 396 shares during the period. Steph & Co. acquired a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at about $33,000. Your Advocates Ltd. LLP acquired a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at about $34,000. Finally, Union Savings Bank raised its stake in shares of Vanguard Total Bond Market ETF by 218.8% in the 3rd quarter. Union Savings Bank now owns 510 shares of the company’s stock valued at $36,000 after purchasing an additional 350 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND traded up $0.16 during midday trading on Friday, hitting $70.73. The stock had a trading volume of 4,252,331 shares, compared to its average volume of 7,959,836. The company has a 50 day simple moving average of $71.89 and a two-hundred day simple moving average of $71.66. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2163 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.