Fortress Financial Solutions LLC Takes $1.75 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Fortress Financial Solutions LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,376 shares of the company’s stock, valued at approximately $1,753,000. Vanguard Total Bond Market ETF makes up about 2.5% of Fortress Financial Solutions LLC’s investment portfolio, making the stock its 12th biggest holding.

Other institutional investors have also made changes to their positions in the company. Creative Planning increased its position in Vanguard Total Bond Market ETF by 8.6% in the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after purchasing an additional 7,248,297 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after buying an additional 4,687,550 shares in the last quarter. Allworth Financial LP increased its holdings in Vanguard Total Bond Market ETF by 2.4% in the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after buying an additional 417,578 shares during the last quarter. LPL Financial LLC raised its position in Vanguard Total Bond Market ETF by 3.7% during the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after acquiring an additional 548,650 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.24 on Wednesday. The firm has a 50 day moving average of $72.26 and a two-hundred day moving average of $73.36. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

Vanguard Total Bond Market ETF Company 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.