Tenon Financial LLC Buys 5,757 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Tenon Financial LLC grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 298,465 shares of the company’s stock after acquiring an additional 5,757 shares during the period. Vanguard Total Bond Market ETF makes up 13.9% of Tenon Financial LLC’s investment portfolio, making the stock its 3rd largest position. Tenon Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $21,472,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BND. Christopher J. Hasenberg Inc bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $31,000. Sound Income Strategies LLC grew its position in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares during the period. Golden State Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $34,000. YANKCOM Partnership acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $45,000. Finally, Northwest Investment Counselors LLC bought a new position in Vanguard Total Bond Market ETF in the third quarter valued at approximately $46,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.34 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The firm has a fifty day moving average of $72.30 and a 200-day moving average of $73.35.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 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.