Nicholas Hoffman & Company LLC. Purchases 4,180 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Nicholas Hoffman & Company LLC. raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 114.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,822 shares of the company’s stock after purchasing an additional 4,180 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Vanguard Total Bond Market ETF were worth $588,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BND. Marquette Asset Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the first quarter worth approximately $30,000. Anfield Capital Management LLC grew its stake in shares of Vanguard Total Bond Market ETF by 4,650.0% in the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after acquiring an additional 465 shares during the period. CVA Family Office LLC grew its stake in shares of 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 acquiring an additional 399 shares during the period. Ridgewood Investments LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the second quarter worth approximately $38,000. Finally, Family Asset Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the second quarter worth approximately $40,000.

Vanguard Total Bond Market ETF Price Performance

BND opened at $73.06 on Thursday. The company’s 50 day moving average is $74.48 and its 200 day moving average is $73.05. Vanguard Total Bond Market ETF has a 12-month low of $68.45 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.2255 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

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.