122,247 Shares in Vanguard Total Bond Market ETF (NASDAQ:BND) Purchased by Fonville Wealth Management LLC

Fonville Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, Holdings Channel reports. The firm acquired 122,247 shares of the company’s stock, valued at approximately $8,991,000. Vanguard Total Bond Market ETF accounts for approximately 4.8% of Fonville Wealth Management LLC’s holdings, making the stock its 2nd largest position.

A number of other institutional investors also recently modified their holdings of BND. AMI Investment Management Inc. raised its position in Vanguard Total Bond Market ETF by 4.3% in the 1st quarter. AMI Investment Management Inc. now owns 28,536 shares of the company’s stock worth $2,270,000 after purchasing an additional 1,183 shares during the last quarter. Roundview Capital LLC grew its holdings in Vanguard Total Bond Market ETF by 4.3% during the 1st quarter. Roundview Capital LLC now owns 190,445 shares of the company’s stock worth $15,148,000 after acquiring an additional 7,851 shares during the period. Cibc World Market Inc. grew its holdings in Vanguard Total Bond Market ETF by 123.9% during the 1st quarter. Cibc World Market Inc. now owns 21,764 shares of the company’s stock worth $1,731,000 after acquiring an additional 12,045 shares during the period. Blair William & Co. IL grew its holdings in Vanguard Total Bond Market ETF by 37.4% during the 1st quarter. Blair William & Co. IL now owns 37,602 shares of the company’s stock worth $2,991,000 after acquiring an additional 10,238 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 6.1% in the 1st quarter. Vanguard Group Inc. now owns 12,169,900 shares of the company’s stock valued at $967,993,000 after buying an additional 697,937 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock traded down $0.19 on Thursday, hitting $70.70. The stock had a trading volume of 6,349,484 shares, compared to its average volume of 8,135,850. The company has a fifty day moving average price of $72.07 and a two-hundred day moving average price of $71.60. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed 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 a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.