Endowment Wealth Management Inc. Buys 1,453 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Endowment Wealth Management Inc. lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,101 shares of the company’s stock after purchasing an additional 1,453 shares during the period. Vanguard Total Bond Market ETF accounts for about 0.9% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 29th biggest holding. Endowment Wealth Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,374,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wealthfront Advisers LLC increased its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% in the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after acquiring an additional 28,060,256 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $439,341,000. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after purchasing an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 3,082.1% in the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after buying an additional 3,322,588 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in Vanguard Total Bond Market ETF by 9,287.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock valued at $203,259,000 after buying an additional 2,796,469 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.5 %

Shares of Vanguard Total Bond Market ETF stock opened at $73.34 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The firm’s 50-day moving average is $72.35 and its 200 day moving average is $73.21.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date of this dividend 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.