Spire Wealth Management Purchases 34,617 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Spire Wealth Management lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 30.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,832 shares of the company’s stock after acquiring an additional 34,617 shares during the quarter. Spire Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $10,670,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BND. NorthRock Partners LLC purchased a new position in Vanguard Total Bond Market ETF in the third quarter valued at about $215,000. Brown Advisory Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 8.9% during the 3rd quarter. Brown Advisory Inc. now owns 116,788 shares of the company’s stock worth $8,149,000 after acquiring an additional 9,550 shares in the last quarter. Penobscot Wealth Management boosted its stake in Vanguard Total Bond Market ETF by 1.8% in the third quarter. Penobscot Wealth Management now owns 27,075 shares of the company’s stock valued at $1,889,000 after acquiring an additional 484 shares in the last quarter. Everhart Financial Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 28.3% in the third quarter. Everhart Financial Group Inc. now owns 18,283 shares of the company’s stock valued at $1,276,000 after acquiring an additional 4,035 shares in the last quarter. Finally, Lindbrook Capital LLC purchased a new position in Vanguard Total Bond Market ETF in the third quarter worth $58,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND traded up $0.36 during midday trading on Friday, hitting $71.35. 7,256,902 shares of the company’s stock traded hands, compared to its average volume of 7,878,454. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.38. The firm’s fifty day moving average is $71.76 and its 200-day moving average is $71.77.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be paid a $0.2138 dividend. The ex-dividend date of this dividend is Wednesday, May 1st.

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.