Powers Advisory Group LLC Acquires 6,475 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Powers Advisory Group LLC grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 85,839 shares of the company’s stock after purchasing an additional 6,475 shares during the period. Vanguard Total Bond Market ETF makes up 3.6% of Powers Advisory Group LLC’s investment portfolio, making the stock its 8th biggest holding. Powers Advisory Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,235,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in BND. Whittier Trust Co. of Nevada Inc. raised its holdings 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 valued at $27,000 after purchasing an additional 176 shares during the last quarter. VitalStone Financial LLC grew its holdings 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 valued at $28,000 after acquiring an additional 396 shares in the last quarter. Lee Financial Co purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $31,000. ORG Partners LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $42,000. Finally, Heritage Wealth Advisors purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $42,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND traded up $0.41 during midday trading on Thursday, reaching $72.07. The company had a trading volume of 4,438,621 shares, compared to its average volume of 7,083,502. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $73.92. The company’s 50 day moving average price is $71.78 and its 200 day moving average price is $72.20.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were issued a $0.2207 dividend. The ex-dividend date of this dividend was Monday, July 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.