B. Riley Wealth Advisors Inc. Raises Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

B. Riley Wealth Advisors Inc. boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 160.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 72,275 shares of the company’s stock after acquiring an additional 44,565 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $5,316,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of BND. Whittier Trust Co. of Nevada Inc. increased its stake in Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after acquiring an additional 176 shares during the last quarter. VitalStone Financial LLC raised its holdings in Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after buying an additional 396 shares during the period. Lee Financial Co acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $31,000. ORG Partners LLC purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth approximately $42,000. Finally, Heritage Wealth Advisors purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $42,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.39 on Tuesday. The firm’s fifty day simple moving average is $71.46 and its 200 day simple moving average is $72.20. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a $0.219 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.21.

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.