Partners in Financial Planning Invests $61.40 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

Partners in Financial Planning purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 853,864 shares of the company’s stock, valued at approximately $61,401,000. Vanguard Total Bond Market ETF comprises about 12.5% of Partners in Financial Planning’s investment portfolio, making the stock its largest position. Partners in Financial Planning owned 0.05% of Vanguard Total Bond Market ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BND. Quent Capital LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $25,000. Christopher J. Hasenberg Inc acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $31,000. Sound Income Strategies LLC grew its stake in Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after acquiring an additional 146 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at about $34,000. Finally, YANKCOM Partnership acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $45,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.32 on Monday. The stock’s 50 day simple moving average is $72.75 and its 200-day simple moving average is $73.04. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2195 per share. 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.