Archer Investment Corp Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Archer Investment Corp boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,536 shares of the company’s stock after buying an additional 333 shares during the period. Archer Investment Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,143,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Milestone Investment Advisors LLC grew its position in Vanguard Total Bond Market ETF by 505.3% in the 1st quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock valued at $25,000 after buying an additional 288 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in Vanguard Total Bond Market ETF by 90.3% in the fourth 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 lifted its holdings in Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after acquiring an additional 396 shares during the period. Steph & Co. acquired a new stake in Vanguard Total Bond Market ETF in the third quarter valued at $33,000. Finally, Turim 21 Investimentos Ltda. acquired a new stake in Vanguard Total Bond Market ETF in the first quarter valued at $36,000.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock traded up $0.36 during midday trading on Wednesday, reaching $70.91. The company’s stock had a trading volume of 5,489,990 shares, compared to its average volume of 8,140,845. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.38. The stock’s 50 day simple moving average is $72.10 and its 200 day simple moving average is $71.61.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.