Waterloo Capital L.P. recently acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, purchasing 4,663 shares of the company’s stock valued at approximately $343,000. Other institutional investors have also shown interest in the ETF, with various firms increasing their stakes in recent months.
On Monday, BND stock opened at $71.72, with a 50-day simple moving average of $71.41 and a 200-day simple moving average of $72.16. The ETF has seen a one-year low of $67.99 and a high of $73.92.
Vanguard Total Bond Market ETF also announced an increase in dividends, with investors receiving a $0.219 dividend on June 5th. This marks a rise from the previous dividend of $0.21.
BND is an exchange-traded fund that primarily invests in investment grade fixed income securities. Launched in 2007, the fund is managed by Vanguard and tracks a broad index of US dollar-denominated fixed-income securities with maturities of at least one year.
Institutional ownership of Vanguard Total Bond Market ETF can be seen in the chart above, showcasing the interest from various quarters. Investors looking for daily updates on BND and related companies can subscribe to receive a daily summary of news and analysts’ ratings through MarketBeat.com’s free email newsletter.