Cumberland Advisors Inc. Buys 401 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Cumberland Advisors Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.3% during the first quarter, HoldingsChannel reports. The firm owned 4,725 shares of the company’s stock after acquiring an additional 401 shares during the period. Cumberland Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $343,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Sandbox Financial Partners LLC grew its stake in Vanguard Total Bond Market ETF by 101.2% in the 1st quarter. Sandbox Financial Partners LLC now owns 8,221 shares of the company’s stock valued at $597,000 after buying an additional 4,136 shares in the last quarter. WealthCare Investment Partners LLC grew its stake in Vanguard Total Bond Market ETF by 6.4% in the 1st quarter. WealthCare Investment Partners LLC now owns 17,049 shares of the company’s stock valued at $1,238,000 after buying an additional 1,031 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in Vanguard Total Bond Market ETF by 4.4% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 26,545 shares of the company’s stock valued at $1,928,000 after buying an additional 1,113 shares in the last quarter. Aspiriant LLC grew its stake in Vanguard Total Bond Market ETF by 5.0% in the 1st quarter. Aspiriant LLC now owns 486,094 shares of the company’s stock valued at $35,306,000 after buying an additional 23,344 shares in the last quarter. Finally, Aletheian Wealth Advisors LLC grew its stake in Vanguard Total Bond Market ETF by 20.6% in the 1st quarter. Aletheian Wealth Advisors LLC now owns 231,097 shares of the company’s stock valued at $16,785,000 after buying an additional 39,508 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of BND traded up $0.17 during mid-day trading on Thursday, reaching $72.43. 2,334,003 shares of the stock traded hands, compared to its average volume of 7,122,933. The firm has a fifty day moving average price of $71.67 and a 200 day moving average price of $72.23. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a dividend of $0.219 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.21. The ex-dividend date was Monday, June 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.