Archer Investment Corp Buys 333 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Archer Investment Corp lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,536 shares of the company’s stock after purchasing an additional 333 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,143,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BND. Moneta Group Investment Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 119,230.1% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,572,648 shares of the company’s stock worth $759,539,000 after acquiring an additional 10,563,788 shares during the last quarter. Morgan Stanley increased its stake in Vanguard Total Bond Market ETF by 12.3% in the 4th quarter. Morgan Stanley now owns 64,417,907 shares of the company’s stock valued at $4,627,783,000 after buying an additional 7,045,711 shares during the last quarter. Creative Planning increased its stake in shares of Vanguard Total Bond Market ETF by 11.7% during the 3rd quarter. Creative Planning now owns 55,509,448 shares of the company’s stock worth $3,873,449,000 after purchasing an additional 5,800,676 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 27.0% during the 3rd quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after purchasing an additional 5,367,298 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Vanguard Total Bond Market ETF by 1,745.2% in the 4th quarter. Jane Street Group LLC now owns 4,711,329 shares of the company’s stock worth $338,462,000 after buying an additional 4,456,002 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.5 %

BND traded up $0.36 on Wednesday, hitting $70.91. The company’s stock had a trading volume of 5,489,990 shares, compared to its average volume of 8,140,845. The company’s 50 day simple moving average is $72.10 and its 200-day simple moving average is $71.61. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a $0.2163 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 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.