Morris Financial Concepts Inc. Purchases 562 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Morris Financial Concepts Inc. increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1,518.9% during the first quarter, Holdings Channel.com reports. The firm owned 599 shares of the company’s stock after buying an additional 562 shares during the period. Morris Financial Concepts Inc.’s holdings in Vanguard Total Bond Market ETF were worth $44,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of 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 purchasing an additional 176 shares during the last quarter. VitalStone Financial LLC boosted its holdings 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 buying an additional 396 shares in the last quarter. Lee Financial Co purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $31,000. ORG Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $42,000. Finally, Heritage Wealth Advisors purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $42,000.

Vanguard Total Bond Market ETF Price Performance

BND traded down $0.60 during trading on Monday, hitting $71.45. The stock had a trading volume of 4,959,556 shares, compared to its average volume of 7,112,684. The stock has a 50 day simple moving average of $71.73 and a two-hundred day simple moving average of $72.23. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were paid a dividend of $0.219 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, June 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.