Motive Wealth Advisors Buys 26,503 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Motive Wealth Advisors raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 41.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 90,491 shares of the company’s stock after purchasing an additional 26,503 shares during the period. Vanguard Total Bond Market ETF accounts for 4.0% of Motive Wealth Advisors’ holdings, making the stock its 12th biggest position. Motive Wealth Advisors’ holdings in Vanguard Total Bond Market ETF were worth $6,572,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 90.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after acquiring an additional 176 shares during the period. Lee Financial Co bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $31,000. ORG Partners LLC bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $42,000. Heritage Wealth Advisors bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $42,000. Finally, Creative Capital Management Investments LLC bought a new position in Vanguard Total Bond Market ETF during the first quarter valued at approximately $42,000.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock traded up $0.19 during midday trading on Friday, reaching $72.98. 4,656,853 shares of the stock traded hands, compared to its average volume of 7,009,857. The stock’s fifty day moving average is $72.01 and its 200-day moving average is $72.17. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a dividend of $0.2207 per share. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.