Chesapeake Wealth Management Acquires 2,790 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Chesapeake Wealth Management boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 43.7% during the 4th quarter, Holdings Channel reports. The firm owned 9,180 shares of the company’s stock after buying an additional 2,790 shares during the period. Chesapeake Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $660,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Access Financial Services Inc. increased its stake in Vanguard Total Bond Market ETF by 1.9% in the 4th quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock worth $553,000 after acquiring an additional 143 shares during the last quarter. Towneley Capital Management Inc DE increased its stake in Vanguard Total Bond Market ETF by 4.7% in the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after acquiring an additional 145 shares during the last quarter. Cypress Point Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF by 0.7% in 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 last quarter. Wealthstream Advisors Inc. increased its stake in 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 during the last quarter. Finally, Belmont Capital LLC increased its stake in 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 worth $136,000 after acquiring an additional 145 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0 %

NASDAQ:BND opened at $71.95 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The stock’s 50 day simple moving average is $72.45 and its two-hundred day simple moving average is $73.40.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.2334 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

About Vanguard Total Bond Market ETF

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.