HFG Advisors Inc. Grows Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

HFG Advisors Inc. increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 27.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 24,865 shares of the company’s stock after purchasing an additional 5,419 shares during the quarter. Vanguard Total Bond Market ETF comprises about 1.6% of HFG Advisors Inc.’s holdings, making the stock its 18th largest position. HFG Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,806,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BND. Baystate Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 0.7% in the fourth quarter. Baystate Wealth Management LLC now owns 461,665 shares of the company’s stock valued at $33,956,000 after purchasing an additional 3,040 shares during the period. Fiducient Advisors LLC raised its position in Vanguard Total Bond Market ETF by 6.2% in the fourth quarter. Fiducient Advisors LLC now owns 581,081 shares of the company’s stock valued at $42,739,000 after purchasing an additional 33,692 shares during the period. Vanguard Group Inc. raised its position in Vanguard Total Bond Market ETF by 27.0% in the third 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 during the period. IMA Wealth Inc. raised its position in Vanguard Total Bond Market ETF by 4.2% in the third quarter. IMA Wealth Inc. now owns 158,763 shares of the company’s stock valued at $11,078,000 after purchasing an additional 6,452 shares during the period. Finally, Chicago Partners Investment Group LLC grew its stake in shares of Vanguard Total Bond Market ETF by 39.8% in the fourth quarter. Chicago Partners Investment Group LLC now owns 101,836 shares of the company’s stock worth $7,380,000 after acquiring an additional 28,986 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND traded down $0.63 during trading on Monday, hitting $71.42. The company’s stock had a trading volume of 3,377,643 shares, compared to its average volume of 7,100,028. The business has a 50 day moving average price of $71.73 and a two-hundred day moving average price of $72.23. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were paid a $0.219 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, June 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.