Park Avenue Securities LLC Purchases 16,997 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Park Avenue Securities LLC increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.5% in the 4th quarter, HoldingsChannel reports. The fund owned 104,157 shares of the company’s stock after purchasing an additional 16,997 shares during the period. Park Avenue Securities LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,490,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth $46,000. Northwest Investment Counselors LLC purchased a new stake in Vanguard Total Bond Market ETF during the 3rd quarter worth about $46,000. Abich Financial Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 289.9% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock worth $45,000 after purchasing an additional 461 shares during the period. Strategic Investment Solutions Inc. IL purchased a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $46,000. Finally, Truvestments Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at about $51,000.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $71.79 on Thursday. The company’s 50-day moving average price is $72.50 and its 200-day moving average price is $73.40. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.2334 dividend. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.