Summit Financial Strategies Inc. Reduces Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Summit Financial Strategies Inc. lowered its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 26.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,623 shares of the company’s stock after selling 1,288 shares during the quarter. Summit Financial Strategies Inc.’s holdings in Vanguard Total Bond Market ETF were worth $261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Christopher J. Hasenberg Inc purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $31,000. Sound Income Strategies LLC grew its stake in Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 146 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Vanguard Total Bond Market ETF during the 2nd quarter valued at $46,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth $46,000. Finally, Northwest Investment Counselors LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth $46,000.

Vanguard Total Bond Market ETF Trading Up 0.2 %

NASDAQ:BND opened at $72.04 on Monday. The business’s fifty day moving average is $72.39 and its 200 day moving average is $73.39. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.2334 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.