Cumberland Advisors Inc. Buys 1,890 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Cumberland Advisors Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 17.6% during the third quarter, HoldingsChannel reports. The firm owned 12,620 shares of the company’s stock after acquiring an additional 1,890 shares during the period. Cumberland Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of BND. NBC Securities Inc. grew its position in shares of Vanguard Total Bond Market ETF by 20.9% during the 1st quarter. NBC Securities Inc. now owns 2,481 shares of the company’s stock valued at $181,000 after purchasing an additional 429 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 23.8% during the first quarter. Sequoia Financial Advisors LLC now owns 36,569 shares of the company’s stock valued at $2,656,000 after acquiring an additional 7,022 shares during the last quarter. Simmons Bank raised its stake in Vanguard Total Bond Market ETF by 21.0% in the second quarter. Simmons Bank now owns 3,373 shares of the company’s stock worth $243,000 after buying an additional 585 shares in the last quarter. Advisory Services Network LLC raised its stake in Vanguard Total Bond Market ETF by 18.6% in the first quarter. Advisory Services Network LLC now owns 44,800 shares of the company’s stock worth $3,254,000 after buying an additional 7,035 shares in the last quarter. Finally, Compass Ion Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 6.2% in the first quarter. Compass Ion Advisors LLC now owns 19,715 shares of the company’s stock worth $1,432,000 after buying an additional 1,156 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND traded down $0.34 during midday trading on Thursday, reaching $73.82. The company’s stock had a trading volume of 2,111,303 shares, compared to its average volume of 6,602,152. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $75.67. The stock’s 50-day moving average is $74.66 and its 200-day moving average is $72.93.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2255 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend 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.