Nicholas Hoffman & Company LLC. Takes $262,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Nicholas Hoffman & Company LLC. acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 3,642 shares of the company’s stock, valued at approximately $262,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Colony Family Offices LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 0.7% in the second quarter. Colony Family Offices LLC now owns 30,272 shares of the company’s stock valued at $2,181,000 after buying an additional 198 shares during the period. Journey Advisory Group LLC increased its holdings in Vanguard Total Bond Market ETF by 22.3% during the 2nd quarter. Journey Advisory Group LLC now owns 379,016 shares of the company’s stock worth $27,308,000 after purchasing an additional 69,096 shares in the last quarter. Foster & Motley Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 2.5% in the 2nd quarter. Foster & Motley Inc. now owns 66,324 shares of the company’s stock valued at $4,779,000 after purchasing an additional 1,624 shares during the period. MGO Private Wealth LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 7.7% in the second quarter. MGO Private Wealth LLC now owns 141,737 shares of the company’s stock valued at $10,212,000 after purchasing an additional 10,077 shares in the last quarter. Finally, Index Fund Advisors Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 1.3% in the second quarter. Index Fund Advisors Inc. now owns 281,600 shares of the company’s stock valued at $20,289,000 after purchasing an additional 3,740 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.2 %

NASDAQ:BND opened at $74.96 on Friday. The stock has a 50-day simple moving average of $73.50 and a 200 day simple moving average of $72.42. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.99.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2255 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.