IFP Advisors Inc Purchases 44,911 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

IFP Advisors Inc boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 32.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 182,150 shares of the company’s stock after acquiring an additional 44,911 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Total Bond Market ETF were worth $13,099,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quent Capital LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $25,000. Christopher J. Hasenberg Inc bought a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $31,000. Sound Income Strategies LLC lifted its stake in Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $34,000. Finally, YANKCOM Partnership bought a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.76 on Monday. The firm has a 50 day simple moving average of $72.09 and a 200 day simple moving average of $73.28. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2348 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 Monday, February 3rd.

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.