Alley Investment Management Company LLC Boosts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Alley Investment Management Company LLC raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 202,980 shares of the company’s stock after buying an additional 2,701 shares during the period. Vanguard Total Bond Market ETF accounts for 1.8% of Alley Investment Management Company LLC’s investment portfolio, making the stock its 22nd biggest holding. Alley Investment Management Company LLC’s holdings in Vanguard Total Bond Market ETF were worth $14,596,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BND. Quent Capital LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $25,000. Christopher J. Hasenberg Inc purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $31,000. Sound Income Strategies LLC increased its stake 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 purchasing an additional 146 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $34,000. Finally, YANKCOM Partnership purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $45,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.61 on Tuesday. The company has a 50 day moving average of $72.21 and a 200-day moving average of $73.25. 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 Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.2195 per share. The ex-dividend date of this dividend is Monday, March 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.