Flower City Capital Purchases Shares of 304,459 Vanguard Total Bond Market ETF (NASDAQ:BND)

Flower City Capital purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 304,459 shares of the company’s stock, valued at approximately $22,393,000. Vanguard Total Bond Market ETF makes up about 16.7% of Flower City Capital’s portfolio, making the stock its 3rd biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC raised its stake in Vanguard Total Bond Market ETF by 0.7% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 37,350 shares of the company’s stock valued at $2,747,000 after buying an additional 255 shares during the last quarter. Geometric Wealth Advisors purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at about $241,000. Fulcrum Equity Management raised its stake in Vanguard Total Bond Market ETF by 5.8% in the fourth quarter. Fulcrum Equity Management now owns 6,655 shares of the company’s stock valued at $489,000 after buying an additional 362 shares during the last quarter. Symphony Financial Ltd. Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 29.9% in the fourth quarter. Symphony Financial Ltd. Co. now owns 50,185 shares of the company’s stock valued at $3,669,000 after purchasing an additional 11,540 shares during the period. Finally, Global Retirement Partners LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 16.4% in the fourth quarter. Global Retirement Partners LLC now owns 336,569 shares of the company’s stock valued at $24,549,000 after purchasing an additional 47,477 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.63 on Friday. The stock’s 50-day simple moving average is $72.45 and its 200-day simple moving average is $71.50. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.90.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd will be issued a $0.2163 dividend. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

Vanguard Total Bond Market ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report).

Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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