Smith & Howard Wealth Management LLC Purchases 9,350 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Smith & Howard Wealth Management LLC increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 114,700 shares of the company’s stock after buying an additional 9,350 shares during the quarter. Vanguard Total Bond Market ETF comprises about 3.0% of Smith & Howard Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Smith & Howard Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,436,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BND. Milestone Investment Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 505.3% in the first quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock worth $25,000 after purchasing an additional 288 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 90.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after purchasing an additional 176 shares during the last quarter. VitalStone Financial LLC raised its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after purchasing an additional 396 shares during the last quarter. Northern Trust Corp raised its stake in shares of Vanguard Total Bond Market ETF by 9.1% in the first quarter. Northern Trust Corp now owns 37,414 shares of the company’s stock worth $30,000 after purchasing an additional 3,132 shares during the last quarter. Finally, Steph & Co. purchased a new stake in shares of Vanguard Total Bond Market ETF in the third quarter worth approximately $33,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock traded up $0.09 on Friday, hitting $70.79. The company had a trading volume of 8,338,525 shares, compared to its average volume of 8,138,516. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.38. The stock has a 50 day moving average of $72.00 and a 200-day moving average of $71.63.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.