Hershey Financial Advisers LLC Purchases New Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Hershey Financial Advisers LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,135 shares of the company’s stock, valued at approximately $369,000.

Other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC raised its holdings in Vanguard Total Bond Market ETF by 36.7% in the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock valued at $26,322,000 after acquiring an additional 98,201 shares in the last quarter. Joel Adams & Associates Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $1,459,000. Truist Financial Corp raised its holdings in shares of Vanguard Total Bond Market ETF by 115.3% during the fourth quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after purchasing an additional 1,194,696 shares during the period. Estate Counselors LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 42.8% during the third quarter. Estate Counselors LLC now owns 23,638 shares of the company’s stock worth $1,772,000 after purchasing an additional 7,083 shares during the period. Finally, Global View Capital Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $1,577,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.32 on Monday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The company’s fifty day moving average is $72.60 and its two-hundred day moving average is $73.12.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2195 per share. The ex-dividend date of this dividend 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.