Woodmont Investment Counsel LLC Increases Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Woodmont Investment Counsel LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,706 shares of the company’s stock after purchasing an additional 349 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Vanguard Total Bond Market ETF were worth $267,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC boosted its stake in Vanguard Total Bond Market ETF by 36.7% during the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after buying an additional 98,201 shares during the last quarter. Joel Adams & Associates Inc. purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $1,459,000. Truist Financial Corp boosted its position in shares of Vanguard Total Bond Market ETF by 115.3% during the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock valued at $160,426,000 after acquiring an additional 1,194,696 shares during the last quarter. Global View Capital Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $1,577,000. Finally, Aurelius Family Office LLC acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $7,595,000.

Vanguard Total Bond Market ETF Trading Down 0.4 %

NASDAQ:BND opened at $73.00 on Tuesday. The company’s 50-day moving average is $72.64 and its two-hundred day moving average is $73.10. 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 firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date 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.