Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Bought by Connecticut Wealth Management LLC

Connecticut Wealth Management LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 122,934 shares of the company’s stock after buying an additional 9,127 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,042,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. NorthRock Partners LLC acquired a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $215,000. Brown Advisory Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 8.9% in the third quarter. Brown Advisory Inc. now owns 116,788 shares of the company’s stock valued at $8,149,000 after purchasing an additional 9,550 shares in the last quarter. Oldfather Financial Services LLC increased its stake in Vanguard Total Bond Market ETF by 29.5% during the 3rd quarter. Oldfather Financial Services LLC now owns 6,017 shares of the company’s stock worth $420,000 after buying an additional 1,370 shares during the period. Penobscot Wealth Management increased its position in shares of Vanguard Total Bond Market ETF by 1.8% during the third quarter. Penobscot Wealth Management now owns 27,075 shares of the company’s stock worth $1,889,000 after acquiring an additional 484 shares during the period. Finally, Everhart Financial Group Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 28.3% in the third quarter. Everhart Financial Group Inc. now owns 18,283 shares of the company’s stock valued at $1,276,000 after acquiring an additional 4,035 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.5 %

BND traded up $0.36 on Friday, hitting $71.35. 7,256,902 shares of the company were exchanged, compared to its average volume of 7,878,454. The firm has a 50-day moving average price of $71.76 and a two-hundred day moving average price of $71.72. 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 Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a $0.2138 dividend. The ex-dividend date of this dividend is Wednesday, May 1st.

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.