Wellington Wealth Strategies LLC. Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Wellington Wealth Strategies LLC. acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,659 shares of the company’s stock, valued at approximately $266,000.

A number of other hedge funds also recently bought and sold shares of BND. Marquette Asset Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter valued at $30,000. Lee Financial Co bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $31,000. ORG Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $42,000. Creative Capital Management Investments LLC purchased a new stake in Vanguard Total Bond Market ETF in the first quarter worth about $42,000. Finally, Heritage Wealth Advisors bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $42,000.

Vanguard Total Bond Market ETF Stock Up 0.4 %

BND traded up $0.29 on Friday, hitting $72.94. 3,295,342 shares of the company’s stock traded hands, compared to its average volume of 6,908,880. The company’s 50 day simple moving average is $72.22 and its 200-day simple moving average is $72.13. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a dividend of $0.2207 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, July 1st.

Vanguard Total Bond Market ETF Company 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.