Motley Fool Wealth Management LLC Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Motley Fool Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 136,489 shares of the company’s stock after acquiring an additional 22,082 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,788,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Larson Financial Group LLC grew its position in Vanguard Total Bond Market ETF by 3.3% during the 3rd quarter. Larson Financial Group LLC now owns 8,583 shares of the company’s stock worth $645,000 after purchasing an additional 274 shares during the last quarter. Truvestments Capital LLC purchased a new position in Vanguard Total Bond Market ETF in the third quarter worth $51,000. Bank of Montreal Can lifted its stake in shares of Vanguard Total Bond Market ETF by 12.8% in the third quarter. Bank of Montreal Can now owns 158,084 shares of the company’s stock valued at $11,901,000 after purchasing an additional 17,987 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Vanguard Total Bond Market ETF by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after acquiring an additional 548,650 shares during the period. Finally, Elios Financial Group Inc. purchased a new stake in Vanguard Total Bond Market ETF during the third quarter worth $5,677,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.09 on Wednesday. The stock’s fifty day simple moving average is $72.68 and its 200-day simple moving average is $73.09. 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 firm also recently disclosed 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.

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.