Smith & Howard Wealth Management LLC Acquires 15,649 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Smith & Howard Wealth Management LLC lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 216,987 shares of the company’s stock after acquiring an additional 15,649 shares during the quarter. Vanguard Total Bond Market ETF accounts for 4.4% of Smith & Howard Wealth Management LLC’s holdings, making the stock its 6th biggest position. Smith & Howard Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $15,604,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BND. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $439,341,000. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the period. Franklin Resources Inc. boosted its holdings in Vanguard Total Bond Market ETF by 3,082.1% during the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after buying an additional 3,322,588 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in Vanguard Total Bond Market ETF by 9,287.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock worth $203,259,000 after buying an additional 2,796,469 shares in the last quarter. Finally, State Street Corp boosted its holdings in Vanguard Total Bond Market ETF by 86.9% during the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock worth $301,062,000 after buying an additional 1,863,233 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.34 on Tuesday. The company’s fifty day moving average price is $72.35 and its 200 day moving average price is $73.21. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.2195 per share. 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.