Synergy Investment Management LLC Buys New Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Synergy Investment Management LLC acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 17,423 shares of the company’s stock, valued at approximately $1,253,000.

A number of other large investors also recently modified their holdings of BND. Scott & Selber Inc. purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $337,000. Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF by 7.8% in the fourth quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 3,850 shares of the company’s stock valued at $280,000 after purchasing an additional 280 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in Vanguard Total Bond Market ETF by 10.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 273,330 shares of the company’s stock valued at $19,655,000 after purchasing an additional 26,054 shares during the last quarter. WMG Financial Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 1.6% during the fourth quarter. WMG Financial Advisors LLC now owns 52,518 shares of the company’s stock worth $3,777,000 after purchasing an additional 846 shares in the last quarter. Finally, Gryphon Financial Partners LLC lifted its position in shares of Vanguard Total Bond Market ETF by 18.1% during the 4th quarter. Gryphon Financial Partners LLC now owns 17,456 shares of the company’s stock worth $1,255,000 after buying an additional 2,671 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.61 on Tuesday. The company has a fifty day simple moving average of $72.21 and a 200-day simple moving average of $73.25. 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 company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.2195 per share. The ex-dividend date is 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.