Avalon Trust Co Purchases New Shares in Vanguard Total Bond Market ETF (NASDAQ:BND)

Avalon Trust Co acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,737 shares of the company’s stock, valued at approximately $128,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. NorthRock Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the third quarter worth $215,000. Brown Advisory Inc. raised its position in Vanguard Total Bond Market ETF by 8.9% in the 3rd quarter. Brown Advisory Inc. now owns 116,788 shares of the company’s stock worth $8,149,000 after purchasing an additional 9,550 shares during the period. Penobscot Wealth Management lifted its stake in Vanguard Total Bond Market ETF by 1.8% in the third quarter. Penobscot Wealth Management now owns 27,075 shares of the company’s stock worth $1,889,000 after purchasing an additional 484 shares during the last quarter. Everhart Financial Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 28.3% during the third quarter. Everhart Financial Group Inc. now owns 18,283 shares of the company’s stock valued at $1,276,000 after buying an additional 4,035 shares during the period. Finally, Lindbrook Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $58,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock traded up $0.36 on Friday, reaching $71.35. 7,256,902 shares of the company’s stock were exchanged, compared to its average volume of 7,878,454. The company’s fifty day simple moving average is $71.76 and its 200 day simple moving average is $71.77. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.2138 per share. The ex-dividend date of this dividend is Wednesday, May 1st.

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.