Morris Financial Concepts Inc. Has $44,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Morris Financial Concepts Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1,518.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 599 shares of the company’s stock after acquiring an additional 562 shares during the period. Morris Financial Concepts Inc.’s holdings in Vanguard Total Bond Market ETF were worth $44,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. grew its position in shares of Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after acquiring an additional 176 shares during the period. VitalStone Financial LLC grew its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after acquiring an additional 396 shares during the period. Lee Financial Co purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $31,000. ORG Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $42,000. Finally, Heritage Wealth Advisors bought a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $42,000.

Vanguard Total Bond Market ETF Stock Performance

BND traded down $0.60 during trading on Monday, reaching $71.45. 4,959,556 shares of the company were exchanged, compared to its average volume of 7,112,684. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $73.92. The company’s 50-day moving average is $71.73 and its two-hundred day moving average is $72.23.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.219 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.21. The ex-dividend date was Monday, June 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.