Advisor Resource Council Has $879,000 Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Advisor Resource Council increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 124.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,969 shares of the company’s stock after buying an additional 6,630 shares during the period. Advisor Resource Council’s holdings in Vanguard Total Bond Market ETF were worth $879,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BND. Tallon Kerry Patrick acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $474,000. Brighton Jones LLC increased its holdings in Vanguard Total Bond Market ETF by 99.6% in the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after buying an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in Vanguard Total Bond Market ETF by 19.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock worth $237,000 after buying an additional 530 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in Vanguard Total Bond Market ETF by 141.4% in the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock worth $79,000 after buying an additional 646 shares during the last quarter. Finally, Wealth Alliance increased its holdings in Vanguard Total Bond Market ETF by 15.5% in the fourth quarter. Wealth Alliance now owns 5,004 shares of the company’s stock worth $360,000 after buying an additional 672 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.88 on Friday. The stock’s 50 day moving average price is $72.60 and its 200 day moving average price is $72.59. Vanguard Total Bond Market ETF has a 52 week low of $71.10 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a dividend of $0.2403 per share. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.