Tectonic Advisors LLC Acquires 7,276 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Tectonic Advisors LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 543,849 shares of the company’s stock after purchasing an additional 7,276 shares during the period. Vanguard Total Bond Market ETF comprises 2.5% of Tectonic Advisors LLC’s portfolio, making the stock its 7th largest holding. Tectonic Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $39,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 244.9% in the second 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 in the last quarter. Diversified Trust Co purchased a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth $1,154,000. Mather Group LLC. grew its stake in shares of Vanguard Total Bond Market ETF by 5.7% during the 3rd quarter. Mather Group LLC. now owns 195,921 shares of the company’s stock worth $14,716,000 after purchasing an additional 10,557 shares during the period. Versant Capital Management Inc raised its position in Vanguard Total Bond Market ETF by 28.3% during the third quarter. Versant Capital Management Inc now owns 2,739 shares of the company’s stock worth $206,000 after acquiring an additional 604 shares during the last quarter. Finally, Ignite Planners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $277,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.27 on Wednesday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The business has a 50 day moving average price of $72.33 and a 200 day moving average price of $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be issued a $0.2348 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date is Monday, February 3rd.

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.