Balanced Rock Investment Advisors LLC Purchases 1,526 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Balanced Rock Investment Advisors LLC boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.8% in the fourth quarter, HoldingsChannel reports. The firm owned 41,600 shares of the company’s stock after buying an additional 1,526 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 2.4% of Balanced Rock Investment Advisors LLC’s holdings, making the stock its 12th largest holding. Balanced Rock Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,991,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $25,000. Christopher J. Hasenberg Inc purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $31,000. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $34,000. Sound Income Strategies LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after purchasing an additional 146 shares during the period. Finally, YANKCOM Partnership purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $45,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.65 on Friday. The business has a fifty day simple moving average of $72.94 and a two-hundred day simple moving average of $72.82. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.2404 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 annualized dividend and a yield of 3.97%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.