Essex Savings Bank bought a new stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,317 shares of the company’s stock, valued at approximately $205,000.
A number of other large investors also recently modified their holdings of BND. MBE Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the 1st quarter valued at $26,000. HCR Wealth Advisors acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter worth about $26,000. Smith Shellnut Wilson LLC ADV acquired a new position in Vanguard Total Bond Market ETF during the 1st quarter worth about $33,000. HHM Wealth Advisors LLC acquired a new position in Vanguard Total Bond Market ETF during the 1st quarter worth about $33,000. Finally, Ellis Investment Partners LLC lifted its stake in Vanguard Total Bond Market ETF by 125.5% during the 1st quarter. Ellis Investment Partners LLC now owns 460 shares of the company’s stock worth $39,000 after acquiring an additional 256 shares in the last quarter.
BND traded up $0.12 during mid-day trading on Friday, hitting $89.46. 5,110,509 shares of the stock were exchanged, compared to its average volume of 5,303,004. The firm’s fifty day moving average is $88.45 and its two-hundred day moving average is $86.68. Vanguard Total Bond Market ETF has a 1-year low of $76.49 and a 1-year high of $89.47.
The company also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Thursday, July 2nd were paid a dividend of $0.162 per share. The ex-dividend date of this dividend was Wednesday, July 1st.
About Vanguard Total Bond Market ETF
Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.
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