Endowment Wealth Management Inc. Grows Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Endowment Wealth Management Inc. grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,101 shares of the company’s stock after purchasing an additional 1,453 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.9% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 29th biggest position. Endowment Wealth Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,374,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BND. Key Financial Inc grew its position in Vanguard Total Bond Market ETF by 1.6% in the 4th quarter. Key Financial Inc now owns 8,669 shares of the company’s stock valued at $623,000 after acquiring an additional 140 shares during the last quarter. VERITY Wealth Advisors boosted its holdings in Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock valued at $1,133,000 after purchasing an additional 140 shares during the last quarter. Access Financial Services Inc. boosted its position in Vanguard Total Bond Market ETF by 1.9% in the 4th quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock worth $553,000 after purchasing an additional 143 shares in the last quarter. Wealthstream Advisors Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock worth $1,238,000 after acquiring an additional 145 shares in the last quarter. Finally, Belmont Capital LLC lifted its position in shares of Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock valued at $136,000 after buying an additional 145 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.34 on Tuesday. The company has a 50-day moving average price of $72.35 and a 200 day moving average price of $73.21. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.