Ritholtz Wealth Management Invests $1.44 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

Ritholtz Wealth Management bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 19,630 shares of the company’s stock, valued at approximately $1,444,000.

A number of other hedge funds have also made changes to their positions in BND. Morgan Stanley raised its position in Vanguard Total Bond Market ETF by 2.6% during the third quarter. Morgan Stanley now owns 82,574,735 shares of the company’s stock worth $5,762,065,000 after acquiring an additional 2,061,088 shares during the last quarter. Creative Planning lifted its position in shares of Vanguard Total Bond Market ETF by 11.7% in the third quarter. Creative Planning now owns 55,509,448 shares of the company’s stock valued at $3,873,449,000 after acquiring an additional 5,800,676 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Vanguard Total Bond Market ETF by 0.7% during the third quarter. Jones Financial Companies Lllp now owns 42,651,470 shares of the company’s stock valued at $2,976,220,000 after acquiring an additional 314,511 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard Total Bond Market ETF by 8.0% in the 3rd quarter. LPL Financial LLC now owns 33,541,772 shares of the company’s stock valued at $2,340,545,000 after purchasing an additional 2,478,188 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 27.0% in the 3rd quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock valued at $1,764,089,000 after purchasing an additional 5,367,298 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1 %

Vanguard Total Bond Market ETF stock opened at $72.63 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.90. The firm’s 50-day moving average is $72.45 and its two-hundred day moving average is $71.48.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were issued a $0.2023 dividend. The ex-dividend date of this dividend was Friday, March 1st.

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.