Bright Financial Advisors Inc. Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bright Financial Advisors Inc. purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 3,141 shares of the company’s stock, valued at approximately $226,000.

Several other hedge funds and other institutional investors have also modified their holdings of BND. Access Financial Services Inc. boosted its stake in Vanguard Total Bond Market ETF by 1.9% during the 4th quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock valued at $553,000 after purchasing an additional 143 shares during the period. Cypress Point Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 0.7% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after purchasing an additional 145 shares during the period. Wealthstream Advisors Inc. boosted its stake in Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock valued at $1,238,000 after purchasing an additional 145 shares during the period. Belmont Capital LLC raised its position in shares of Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock worth $136,000 after buying an additional 145 shares in the last quarter. Finally, Sound Income Strategies LLC raised its position in shares of Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.56 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The firm’s 50-day moving average is $72.30 and its two-hundred day moving average is $73.35.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.2348 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was 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.