New Covenant Trust Company N.A. Raises Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

New Covenant Trust Company N.A. lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 97,716 shares of the company’s stock after buying an additional 1,923 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 7.0% of New Covenant Trust Company N.A.’s holdings, making the stock its 3rd biggest holding. New Covenant Trust Company N.A.’s holdings in Vanguard Total Bond Market ETF were worth $7,038,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Janney Montgomery Scott LLC lifted its holdings in Vanguard Total Bond Market ETF by 4.1% in the third quarter. Janney Montgomery Scott LLC now owns 401,665 shares of the company’s stock worth $30,169,000 after acquiring an additional 15,922 shares during the last quarter. Moloney Securities Asset Management LLC lifted its holdings in Vanguard Total Bond Market ETF by 5.7% in the third quarter. Moloney Securities Asset Management LLC now owns 3,754 shares of the company’s stock worth $282,000 after acquiring an additional 202 shares during the last quarter. Madden Advisory Services Inc. lifted its holdings in Vanguard Total Bond Market ETF by 47.7% in the third quarter. Madden Advisory Services Inc. now owns 7,683 shares of the company’s stock worth $577,000 after acquiring an additional 2,481 shares during the last quarter. Cary Street Partners Asset Management LLC lifted its holdings in Vanguard Total Bond Market ETF by 25.9% in the third quarter. Cary Street Partners Asset Management LLC now owns 17,510 shares of the company’s stock worth $1,315,000 after acquiring an additional 3,598 shares during the last quarter. Finally, W.H. Cornerstone Investments Inc. lifted its holdings in Vanguard Total Bond Market ETF by 10.1% in the third quarter. W.H. Cornerstone Investments Inc. now owns 21,040 shares of the company’s stock worth $1,580,000 after acquiring an additional 1,923 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.3 %

BND opened at $73.40 on Wednesday. The business’s 50 day moving average is $72.24 and its 200-day moving average is $73.25. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.2195 per share. The ex-dividend date is Monday, March 3rd.

Vanguard Total Bond Market ETF 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.