Fortitude Advisory Group L.L.C. Acquires 1,584 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Fortitude Advisory Group L.L.C. increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 25.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,894 shares of the company’s stock after acquiring an additional 1,584 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in Vanguard Total Bond Market ETF were worth $568,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BND. Warner Financial Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 14.5% in the fourth quarter. Warner Financial Inc. now owns 39,525 shares of the company’s stock worth $2,842,000 after purchasing an additional 5,006 shares during the last quarter. BankPlus Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $2,334,000. Bay Rivers Group lifted its holdings in Vanguard Total Bond Market ETF by 4.4% in the 4th quarter. Bay Rivers Group now owns 69,093 shares of the company’s stock worth $4,968,000 after buying an additional 2,903 shares during the period. Eaton Cambridge Inc. grew its position in shares of Vanguard Total Bond Market ETF by 22.9% in the 4th quarter. Eaton Cambridge Inc. now owns 383,222 shares of the company’s stock worth $27,557,000 after buying an additional 71,482 shares during the last quarter. Finally, Northwest Financial Advisors increased its stake in shares of Vanguard Total Bond Market ETF by 180.3% during the fourth quarter. Northwest Financial Advisors now owns 24,642 shares of the company’s stock valued at $1,772,000 after buying an additional 15,850 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.5 %

NASDAQ:BND opened at $72.42 on Tuesday. The company has a 50-day moving average price of $72.39 and a 200-day moving average price of $73.39. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.2334 dividend. 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.