Financial Management Professionals Inc. Raises Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Financial Management Professionals Inc. raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 324,238 shares of the company’s stock after buying an additional 52,475 shares during the period. Vanguard Total Bond Market ETF comprises about 3.5% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 9th biggest position. Financial Management Professionals Inc.’s holdings in Vanguard Total Bond Market ETF were worth $23,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after purchasing an additional 176 shares during the last quarter. VitalStone Financial LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after purchasing an additional 396 shares during the last quarter. Lee Financial Co bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $31,000. ORG Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $42,000. Finally, Heritage Wealth Advisors bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $42,000.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.05 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $73.92. The company’s fifty day simple moving average is $71.73 and its two-hundred day simple moving average is $72.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a $0.219 dividend. This is a boost 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 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.