Sterling Investment Management LLC Buys New Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sterling Investment Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 109,707 shares of the company’s stock, valued at approximately $8,069,000. Vanguard Total Bond Market ETF comprises 5.9% of Sterling Investment Management LLC’s holdings, making the stock its 3rd largest position.

Several other institutional investors and hedge funds have also made changes to their positions in BND. Milestone Investment Advisors LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 505.3% in the 1st quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock valued at $25,000 after buying an additional 288 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after purchasing an additional 176 shares during the last quarter. VitalStone Financial LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 3,300.0% during the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after purchasing an additional 396 shares during the last quarter. Steph & Co. acquired a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth about $33,000. Finally, Turim 21 Investimentos Ltda. purchased a new stake in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at about $36,000.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.72 on Thursday. The business has a 50 day simple moving average of $72.45 and a 200-day simple moving average of $71.47. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $74.90.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were given a dividend of $0.2023 per share. The ex-dividend date was Friday, March 1st.

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.