Leavell Investment Management Inc. Boosts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Leavell Investment Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 234,855 shares of the company’s stock after buying an additional 11,221 shares during the quarter. Vanguard Total Bond Market ETF comprises about 0.8% of Leavell Investment Management Inc.’s holdings, making the stock its 25th largest position. Leavell Investment Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $16,888,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BND. Procyon Advisors LLC grew its position in Vanguard Total Bond Market ETF by 2.6% during the third quarter. Procyon Advisors LLC now owns 7,631 shares of the company’s stock worth $573,000 after buying an additional 192 shares in the last quarter. Wesbanco Bank Inc. lifted its stake in Vanguard Total Bond Market ETF by 5.8% during the third quarter. Wesbanco Bank Inc. now owns 220,945 shares of the company’s stock worth $16,595,000 after purchasing an additional 12,198 shares during the last quarter. Creative Planning lifted its stake in Vanguard Total Bond Market ETF by 8.6% during the third 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. Occidental Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF during the third quarter worth about $248,000. Finally, Zhang Financial LLC lifted its stake in Vanguard Total Bond Market ETF by 34.8% during the third quarter. Zhang Financial LLC now owns 423,767 shares of the company’s stock worth $31,829,000 after purchasing an additional 109,421 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of BND stock opened at $72.24 on Wednesday. The business has a 50-day moving average price of $72.26 and a two-hundred day moving average price 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 company also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.