Independent Wealth Network Inc. Buys 510 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Independent Wealth Network Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,151 shares of the company’s stock after buying an additional 510 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,233,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Investment Advisory Group LLC grew its holdings in Vanguard Total Bond Market ETF by 34.5% in the fourth quarter. Investment Advisory Group LLC now owns 24,870 shares of the company’s stock worth $1,788,000 after purchasing an additional 6,373 shares during the period. Dakota Wealth Management grew its holdings in shares of Vanguard Total Bond Market ETF by 28.7% during the fourth quarter. Dakota Wealth Management now owns 27,998 shares of the company’s stock valued at $2,013,000 after buying an additional 6,247 shares during the last quarter. Genesis Private Wealth LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $707,000. Simon Quick Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 17.2% during the fourth quarter. Simon Quick Advisors LLC now owns 23,696 shares of the company’s stock valued at $1,704,000 after buying an additional 3,484 shares during the last quarter. Finally, Beaumont Financial Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 1.0% during the fourth quarter. Beaumont Financial Advisors LLC now owns 25,291 shares of the company’s stock valued at $1,819,000 after buying an additional 251 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

NASDAQ:BND opened at $72.01 on Thursday. The company’s 50 day moving average price is $72.42 and its 200-day moving average price is $73.40. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.