Lansing Street Advisors Purchases 1,046 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Lansing Street Advisors grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 85,231 shares of the company’s stock after buying an additional 1,046 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 2.1% of Lansing Street Advisors’ investment portfolio, making the stock its 13th biggest holding. Lansing Street Advisors’ holdings in Vanguard Total Bond Market ETF were worth $6,129,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Quent Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $25,000. Christopher J. Hasenberg Inc bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $31,000. Sound Income Strategies LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $34,000. Finally, YANKCOM Partnership acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $45,000.

Vanguard Total Bond Market ETF Stock Up 0.4 %

NASDAQ:BND opened at $72.76 on Friday. The stock’s 50-day simple moving average is $72.09 and its 200 day simple moving average is $73.28. 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 business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.