Baker Avenue Asset Management LP Buys 73,093 Shares of Vanguard Total Bond Market ETF $BND

Baker Avenue Asset Management LP increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.0% during the 4th quarter, Holdings Channel reports. The fund owned 1,281,726 shares of the company’s stock after purchasing an additional 73,093 shares during the quarter. Vanguard Total Bond Market ETF makes up about 2.2% of Baker Avenue Asset Management LP’s investment portfolio, making the stock its 7th largest position. Baker Avenue Asset Management LP’s holdings in Vanguard Total Bond Market ETF were worth $94,937,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CKW Financial Group acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $28,000. Kelleher Financial Advisors purchased a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $32,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $43,000. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $43,000. Finally, TCTC Holdings LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $51,000.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of NASDAQ:BND opened at $73.28 on Thursday. Vanguard Total Bond Market ETF has a 1 year low of $72.19 and a 1 year high of $75.23. The business’s 50 day moving average price is $73.45 and its 200-day moving average price is $74.02.

Vanguard Total Bond Market ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.2417 per share. The ex-dividend date was Friday, May 1st.

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.