BankPlus Wealth Management LLC Acquires New Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

BankPlus Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 32,456 shares of the company’s stock, valued at approximately $2,334,000. Vanguard Total Bond Market ETF makes up about 1.7% of BankPlus Wealth Management LLC’s portfolio, making the stock its 13th largest holding.

A number of other hedge funds have also added to or reduced their stakes in BND. Christopher J. Hasenberg Inc bought a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $31,000. Sound Income Strategies LLC grew its position in shares of Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of Vanguard Total Bond Market ETF during the second quarter valued at $46,000. Future Financial Wealth Managment LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $46,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $46,000.

Vanguard Total Bond Market ETF Trading Up 0.5 %

Shares of Vanguard Total Bond Market ETF stock opened at $72.42 on Tuesday. The firm’s 50-day moving average is $72.39 and its two-hundred day moving average is $73.39. 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 Increases Dividend

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

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.