Ritholtz Wealth Management Invests $1.44 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

Ritholtz Wealth Management acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, Holdings Channel reports. The firm acquired 19,630 shares of the company’s stock, valued at approximately $1,444,000.

A number of other institutional investors have also recently added to or reduced their stakes in BND. Milestone Investment Advisors LLC lifted its position in shares of Vanguard Total Bond Market ETF by 505.3% during the first quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock worth $25,000 after purchasing an additional 288 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after acquiring an additional 176 shares during the last quarter. VitalStone Financial LLC boosted its stake in Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after acquiring an additional 396 shares during the last quarter. Northern Trust Corp increased its position in shares of Vanguard Total Bond Market ETF by 9.1% in the 1st quarter. Northern Trust Corp now owns 37,414 shares of the company’s stock worth $30,000 after purchasing an additional 3,132 shares during the last quarter. Finally, Steph & Co. acquired a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at about $33,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.63 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.90. The company’s fifty day moving average is $72.45 and its two-hundred day moving average is $71.48.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, March 4th were issued a dividend of $0.2023 per share. The ex-dividend date of this dividend was Friday, March 1st.

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.