Alliancebernstein L.P. Purchases 27,024 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Alliancebernstein L.P. lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 842,804 shares of the company’s stock after acquiring an additional 27,024 shares during the period. Alliancebernstein L.P.’s holdings in Vanguard Total Bond Market ETF were worth $60,606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in BND. Quent Capital LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $25,000. Christopher J. Hasenberg Inc bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $31,000. Golden State Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $34,000. Sound Income Strategies LLC grew its position 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 worth $34,000 after purchasing an additional 146 shares during the period. Finally, YANKCOM Partnership purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at $45,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.82 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The stock’s fifty day moving average price is $72.90 and its 200-day moving average price is $73.01.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.2404 dividend. This represents a $2.88 annualized dividend and a yield of 3.91%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, April 1st.

Vanguard Total Bond Market ETF Company 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.