Scott & Selber Inc. Purchases Shares of 4,684 Vanguard Total Bond Market ETF (NASDAQ:BND)

Scott & Selber Inc. acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,684 shares of the company’s stock, valued at approximately $337,000.

A number of other hedge funds have also modified their holdings of BND. JPMorgan Chase & Co. lifted its position in Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after buying an additional 4,687,550 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Vanguard Total Bond Market ETF by 9.4% in the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after acquiring an additional 1,664,458 shares in the last quarter. LPL Financial LLC increased its position in shares of Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Vanguard Total Bond Market ETF by 5.2% during the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after acquiring an additional 548,650 shares in the last quarter. Finally, Arizona PSPRS Trust boosted its position in Vanguard Total Bond Market ETF by 0.9% during the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after purchasing an additional 59,774 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1 %

NASDAQ:BND opened at $73.61 on Tuesday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The stock’s 50 day moving average price is $72.21 and its two-hundred day moving average price is $73.25.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a dividend of $0.2195 per share. The ex-dividend date of this dividend is Monday, March 3rd.

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.