Zhang Financial LLC Acquires 136,963 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Zhang Financial LLC lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 32.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 560,730 shares of the company’s stock after acquiring an additional 136,963 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 2.3% of Zhang Financial LLC’s holdings, making the stock its 12th biggest holding. Zhang Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $40,322,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in BND. Christopher J. Hasenberg Inc purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at about $31,000. Abich Financial Wealth Management LLC lifted its position in Vanguard Total Bond Market ETF by 289.9% in 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 last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Vanguard Total Bond Market ETF in the second quarter valued at approximately $46,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $46,000. Finally, Northwest Investment Counselors LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Stock Up 0.0 %

Shares of NASDAQ BND opened at $71.95 on Monday. The firm’s fifty day moving average is $72.45 and its 200 day moving average is $73.39. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.2334 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

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.