Motley Fool Wealth Management LLC Acquires 22,082 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Motley Fool Wealth Management LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 136,489 shares of the company’s stock after acquiring an additional 22,082 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,788,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. Larson Financial Group LLC grew its position in Vanguard Total Bond Market ETF by 3.3% in the 3rd quarter. Larson Financial Group LLC now owns 8,583 shares of the company’s stock valued at $645,000 after acquiring an additional 274 shares during the last quarter. Truvestments Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at about $51,000. Bank of Montreal Can increased its position in shares of Vanguard Total Bond Market ETF by 12.8% during the third quarter. Bank of Montreal Can now owns 158,084 shares of the company’s stock worth $11,901,000 after purchasing an additional 17,987 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Vanguard Total Bond Market ETF by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after buying an additional 548,650 shares in the last quarter. Finally, Elios Financial Group Inc. purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $5,677,000.

Vanguard Total Bond Market ETF Stock Up 0.1 %

Vanguard Total Bond Market ETF stock opened at $73.09 on Wednesday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The stock has a 50-day moving average price of $72.68 and a 200 day moving average price of $73.09.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.