Patriot Investment Management Group Inc. Acquires 69,962 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Patriot Investment Management Group Inc. increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,514,713 shares of the company’s stock after buying an additional 69,962 shares during the period. Vanguard Total Bond Market ETF comprises approximately 8.1% of Patriot Investment Management Group Inc.’s holdings, making the stock its 2nd biggest position. Patriot Investment Management Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $108,923,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of BND. Southland Equity Partners LLC boosted its holdings in Vanguard Total Bond Market ETF by 1.8% in the 4th quarter. Southland Equity Partners LLC now owns 20,183 shares of the company’s stock worth $1,451,000 after buying an additional 357 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares during the last quarter. LexAurum Advisors LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $343,000. Rappaport Reiches Capital Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 15.3% in the 4th quarter. Rappaport Reiches Capital Management LLC now owns 694,961 shares of the company’s stock worth $49,975,000 after buying an additional 92,347 shares during the last quarter. Finally, RFG Advisory LLC boosted its holdings in Vanguard Total Bond Market ETF by 5.7% in the 4th quarter. RFG Advisory LLC now owns 2,864,839 shares of the company’s stock worth $206,011,000 after buying an additional 154,566 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

BND stock opened at $71.90 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The business’s 50-day moving average is $72.41 and its 200 day moving average is $73.39.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a $0.2334 dividend. 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 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.