Cutler Investment Counsel LLC Has $2.53 Million Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cutler Investment Counsel LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 34,332 shares of the company’s stock after purchasing an additional 3,752 shares during the period. Cutler Investment Counsel LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. AMI Investment Management Inc. lifted its position in Vanguard Total Bond Market ETF by 4.3% during the 1st quarter. AMI Investment Management Inc. now owns 28,536 shares of the company’s stock worth $2,270,000 after buying an additional 1,183 shares in the last quarter. Roundview Capital LLC lifted its position in Vanguard Total Bond Market ETF by 4.3% during the 1st quarter. Roundview Capital LLC now owns 190,445 shares of the company’s stock worth $15,148,000 after buying an additional 7,851 shares in the last quarter. Cibc World Market Inc. lifted its position in Vanguard Total Bond Market ETF by 123.9% during the 1st quarter. Cibc World Market Inc. now owns 21,764 shares of the company’s stock worth $1,731,000 after buying an additional 12,045 shares in the last quarter. Blair William & Co. IL lifted its position in Vanguard Total Bond Market ETF by 37.4% during the 1st quarter. Blair William & Co. IL now owns 37,602 shares of the company’s stock worth $2,991,000 after buying an additional 10,238 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Vanguard Total Bond Market ETF by 6.1% during the 1st quarter. Vanguard Group Inc. now owns 12,169,900 shares of the company’s stock worth $967,993,000 after buying an additional 697,937 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1 %

NASDAQ:BND traded up $0.05 on Friday, hitting $70.75. 6,232,902 shares of the company’s stock were exchanged, compared to its average volume of 8,107,650. The firm has a 50-day moving average price of $72.03 and a 200-day moving average price of $71.60. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2163 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.