L.K. Benson & Company P.C. Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

L.K. Benson & Company P.C. bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 55,389 shares of the company’s stock, valued at approximately $3,983,000. Vanguard Total Bond Market ETF makes up 2.8% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 5th biggest holding.

Several other hedge funds have also recently bought and sold shares of the stock. First Financial Bankshares Inc boosted its position in shares of Vanguard Total Bond Market ETF by 2.5% during the fourth quarter. First Financial Bankshares Inc now owns 2,396,447 shares of the company’s stock worth $172,329,000 after buying an additional 58,152 shares during the period. VSM Wealth Advisory LLC bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $226,000. Brooklyn FI LLC boosted its position in Vanguard Total Bond Market ETF by 6,749.3% during the 4th quarter. Brooklyn FI LLC now owns 5,267,943 shares of the company’s stock worth $385,027,000 after acquiring an additional 5,191,031 shares during the last quarter. Forbes Financial Planning Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 44.2% during the 4th quarter. Forbes Financial Planning Inc. now owns 79,646 shares of the company’s stock worth $5,727,000 after acquiring an additional 24,427 shares in the last quarter. Finally, Evoke Wealth LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 77.7% in the fourth quarter. Evoke Wealth LLC now owns 9,246 shares of the company’s stock valued at $665,000 after purchasing an additional 4,043 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $73.13 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The company’s fifty day simple moving average is $72.49 and its 200-day simple moving average is $73.14.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date was Monday, March 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.