Hanover Advisors Inc. Has $240,000 Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Hanover Advisors Inc. cut its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 39.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,337 shares of the company’s stock after selling 2,215 shares during the quarter. Hanover Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $240,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TPG Advisors LLC boosted its position in Vanguard Total Bond Market ETF by 14.0% in the fourth quarter. TPG Advisors LLC now owns 21,565 shares of the company’s stock valued at $1,551,000 after buying an additional 2,645 shares in the last quarter. US Bancorp DE boosted its position in Vanguard Total Bond Market ETF by 1.7% in the fourth quarter. US Bancorp DE now owns 547,557 shares of the company’s stock valued at $39,375,000 after buying an additional 9,160 shares in the last quarter. Fisher Asset Management LLC boosted its position in Vanguard Total Bond Market ETF by 9.1% in the fourth quarter. Fisher Asset Management LLC now owns 73,454 shares of the company’s stock valued at $5,282,000 after buying an additional 6,130 shares in the last quarter. Cobblestone Capital Advisors LLC NY boosted its position in Vanguard Total Bond Market ETF by 29.7% in the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 48,620 shares of the company’s stock valued at $3,496,000 after buying an additional 11,125 shares in the last quarter. Finally, Sims Investment Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $390,000.

Vanguard Total Bond Market ETF Stock Up 0.4 %

Shares of NASDAQ BND opened at $73.66 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The company has a 50-day moving average of $72.18 and a two-hundred day moving average of $73.27.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.