Powers Advisory Group LLC Acquires 2,148 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Powers Advisory Group LLC increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 114,173 shares of the company’s stock after purchasing an additional 2,148 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 4.1% of Powers Advisory Group LLC’s portfolio, making the stock its 7th largest position. Powers Advisory Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,210,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BND. Creative Planning increased its stake in shares of Vanguard Total Bond Market ETF by 8.6% during the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after purchasing an additional 7,248,297 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after buying an additional 4,687,550 shares in the last quarter. Axiom Advisory LLC lifted its position in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after buying an additional 4,794,485 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Vanguard Total Bond Market ETF by 2.4% during the 3rd quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after acquiring an additional 417,578 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $72.44 on Friday. The business has a 50 day moving average price of $72.38 and a 200 day moving average price of $73.38. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

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.