Genesis Wealth Advisors LLC Invests $3.05 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

Genesis Wealth Advisors LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 42,464 shares of the company’s stock, valued at approximately $3,054,000. Vanguard Total Bond Market ETF accounts for about 2.7% of Genesis Wealth Advisors LLC’s holdings, making the stock its 13th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Black Diamond Financial LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $211,000. World Equity Group Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 96.8% during the fourth quarter. World Equity Group Inc. now owns 6,346 shares of the company’s stock worth $456,000 after acquiring an additional 3,121 shares in the last quarter. Golden Bell Financial Planning LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $17,985,000. Summit Asset Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $413,000. Finally, Allodium Investment Consultants LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $1,621,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND opened at $72.76 on Monday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The stock’s 50-day moving average is $72.09 and its two-hundred day moving average is $73.28.

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 issued a dividend of $0.2348 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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.