Brooklyn FI LLC Buys 5,191,031 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Brooklyn FI LLC boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6,749.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,267,943 shares of the company’s stock after acquiring an additional 5,191,031 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 2.0% of Brooklyn FI LLC’s portfolio, making the stock its 15th largest holding. Brooklyn FI LLC’s holdings in Vanguard Total Bond Market ETF were worth $385,027,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 64.0% in the third quarter. Victory Capital Management Inc. now owns 252,770 shares of the company’s stock worth $18,986,000 after purchasing an additional 98,681 shares during the last quarter. Belmont Capital LLC grew its holdings in Vanguard Total Bond Market ETF by 8.7% during the third 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. Chesapeake Wealth Management grew its holdings in Vanguard Total Bond Market ETF by 20.8% during the third quarter. Chesapeake Wealth Management now owns 6,390 shares of the company’s stock worth $480,000 after buying an additional 1,100 shares in the last quarter. Prospera Financial Services Inc raised its position in Vanguard Total Bond Market ETF by 9.9% in the 3rd quarter. Prospera Financial Services Inc now owns 77,240 shares of the company’s stock valued at $5,804,000 after buying an additional 6,962 shares during the last quarter. Finally, Lowery Thomas LLC bought a new position in Vanguard Total Bond Market ETF during the 3rd quarter valued at $2,916,000.

Vanguard Total Bond Market ETF Stock Up 0.1 %

BND opened at $73.13 on Wednesday. The firm’s fifty day moving average price is $72.49 and its two-hundred day moving average price is $73.14. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.