3,007 Shares in Vanguard Total Bond Market ETF (NASDAQ:BND) Purchased by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, Holdings Channel reports. The fund bought 3,007 shares of the company’s stock, valued at approximately $226,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Marquette Asset Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the first quarter valued at approximately $30,000. Anfield Capital Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after buying an additional 465 shares during the last quarter. CVA Family Office LLC boosted its holdings in Vanguard Total Bond Market ETF by 443.3% in the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the last quarter. Ridgewood Investments LLC purchased a new stake in Vanguard Total Bond Market ETF in the second quarter worth approximately $38,000. Finally, Family Asset Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the second quarter worth approximately $40,000.

Vanguard Total Bond Market ETF Trading Down 0.3 %

BND stock traded down $0.23 on Tuesday, hitting $72.84. The company had a trading volume of 629,089 shares, compared to its average volume of 6,533,457. Vanguard Total Bond Market ETF has a 12-month low of $68.39 and a 12-month high of $75.67. The stock’s 50-day simple moving average is $74.54 and its 200 day simple moving average is $73.04.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2255 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.