Accelerate Investment Advisors LLC Invests $1.80 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

Accelerate Investment Advisors LLC acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, Holdings Channel reports. The fund acquired 23,958 shares of the company’s stock, valued at approximately $1,800,000. Vanguard Total Bond Market ETF comprises about 1.8% of Accelerate Investment Advisors LLC’s holdings, making the stock its 13th largest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 11.5% during the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after buying an additional 8,691,058 shares during the period. Vanguard Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after purchasing an additional 6,253,040 shares during the period. Axiom Advisory LLC boosted its position in shares of Vanguard Total Bond Market ETF by 20.7% during the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after purchasing an additional 4,794,485 shares during the period. Sei Investments Co. increased its holdings in Vanguard Total Bond Market ETF by 6.3% in the 2nd quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock valued at $913,244,000 after purchasing an additional 746,645 shares during the last quarter. Finally, Arizona PSPRS Trust purchased a new stake in Vanguard Total Bond Market ETF in the second quarter valued at approximately $472,909,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $73.71 on Monday. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $75.67. The stock’s fifty day moving average is $74.65 and its two-hundred day moving average is $72.90.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.2255 per share. This is a positive change 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.