King Luther Capital Management Corp Raises Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

King Luther Capital Management Corp lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,557 shares of the company’s stock after buying an additional 572 shares during the period. King Luther Capital Management Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,622,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Citizens Financial Group Inc. RI purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth about $224,000. Texas Treasury Safekeeping Trust Co. lifted its stake in shares of Vanguard Total Bond Market ETF by 8.4% in the 4th quarter. Texas Treasury Safekeeping Trust Co. now owns 11,901,583 shares of the company’s stock valued at $855,843,000 after purchasing an additional 919,970 shares during the last quarter. Net Worth Advisory Group boosted its holdings in shares of Vanguard Total Bond Market ETF by 32.9% in the 4th quarter. Net Worth Advisory Group now owns 34,541 shares of the company’s stock worth $2,484,000 after purchasing an additional 8,551 shares during the period. Zeit Capital LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 57.8% in the 4th quarter. Zeit Capital LLC now owns 141,914 shares of the company’s stock worth $10,297,000 after purchasing an additional 52,008 shares during the period. Finally, VERITY Wealth Advisors increased its position in shares of Vanguard Total Bond Market ETF by 0.9% during the 4th quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock valued at $1,133,000 after purchasing an additional 140 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.91 on Thursday. The business has a fifty day moving average of $72.39 and a 200 day moving average of $73.20. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.2195 dividend. The ex-dividend date was Monday, March 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.