McGrath & Associates Inc. Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

McGrath & Associates Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 95,708 shares of the company’s stock, valued at approximately $6,882,000. Vanguard Total Bond Market ETF accounts for approximately 13.9% of McGrath & Associates Inc.’s holdings, making the stock its largest holding.

Several other large investors also recently modified their holdings of BND. Key Financial Inc increased its position in shares of Vanguard Total Bond Market ETF by 1.6% during the fourth quarter. Key Financial Inc now owns 8,669 shares of the company’s stock valued at $623,000 after buying an additional 140 shares during the period. Access Financial Services Inc. boosted its position 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 acquiring an additional 143 shares in the last quarter. Cypress Point Wealth Management LLC grew its holdings in shares of 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 worth $1,498,000 after acquiring an additional 145 shares during the period. Wealthstream Advisors Inc. raised its position in shares of Vanguard Total Bond Market ETF by 0.9% in the 3rd quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock worth $1,238,000 after acquiring an additional 145 shares in the last quarter. Finally, Belmont Capital LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock valued at $136,000 after purchasing an additional 145 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.2 %

BND opened at $73.44 on Thursday. The stock has a fifty day simple moving average of $72.13 and a two-hundred day simple moving average of $73.27. 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 declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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.