Foster & Motley Inc. Boosts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Foster & Motley Inc. raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 27.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 94,009 shares of the company’s stock after purchasing an additional 20,087 shares during the period. Foster & Motley Inc.’s holdings in Vanguard Total Bond Market ETF were worth $6,760,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 244.9% in the 2nd quarter. AQR Capital Management LLC now owns 10,865 shares of the company’s stock valued at $783,000 after buying an additional 7,715 shares during the last quarter. Advisory Alpha LLC boosted its stake in Vanguard Total Bond Market ETF by 6.5% in the second quarter. Advisory Alpha LLC now owns 3,684 shares of the company’s stock valued at $265,000 after acquiring an additional 226 shares in the last quarter. New Century Financial Group LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the second quarter worth about $391,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Vanguard Total Bond Market ETF during the second quarter worth about $46,000. Finally, Creekside Partners purchased a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $1,088,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $72.34 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The business has a 50-day moving average price of $72.38 and a 200 day moving average price of $73.39.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given 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 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.