Motive Wealth Advisors Has $6.35 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Motive Wealth Advisors boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 88,240 shares of the company’s stock after buying an additional 2,313 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 3.4% of Motive Wealth Advisors’ investment portfolio, making the stock its 11th largest holding. Motive Wealth Advisors’ holdings in Vanguard Total Bond Market ETF were worth $6,345,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BND. Bank of Montreal Can boosted its stake in Vanguard Total Bond Market ETF by 0.6% during the second quarter. Bank of Montreal Can now owns 140,097 shares of the company’s stock worth $10,171,000 after acquiring an additional 781 shares in the last quarter. Abich Financial Wealth Management LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 289.9% during the second quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock valued at $45,000 after purchasing an additional 461 shares during the period. AQR Capital Management LLC boosted its position in shares of Vanguard Total Bond Market ETF by 244.9% during the 2nd quarter. AQR Capital Management LLC now owns 10,865 shares of the company’s stock worth $783,000 after purchasing an additional 7,715 shares in the last quarter. Drucker Wealth 3.0 LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $9,738,000. Finally, Daymark Wealth Partners LLC increased its position in Vanguard Total Bond Market ETF by 197.1% in the 2nd quarter. Daymark Wealth Partners LLC now owns 12,114 shares of the company’s stock valued at $873,000 after buying an additional 8,036 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

BND stock opened at $71.90 on Friday. The stock’s 50 day simple moving average is $72.41 and its 200 day simple moving average is $73.39. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF 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.