Chesapeake Wealth Management Invests $381,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Chesapeake Wealth Management acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,290 shares of the company’s stock, valued at approximately $381,000.

Other hedge funds also recently made changes to their positions in the company. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 10.1% in the fourth quarter. Creative Planning now owns 61,103,613 shares of the company’s stock worth $4,494,171,000 after buying an additional 5,594,165 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 20.1% in the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after purchasing an additional 6,253,040 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 0.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 18,752,172 shares of the company’s stock valued at $1,379,222,000 after purchasing an additional 104,945 shares in the last quarter. Morningstar Investment Services LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 90.1% during the 4th quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock valued at $1,319,534,000 after purchasing an additional 8,482,025 shares during the last quarter. Finally, Allworth Financial LP raised its position in Vanguard Total Bond Market ETF by 5.3% in the 1st quarter. Allworth Financial LP now owns 16,564,654 shares of the company’s stock worth $1,203,091,000 after purchasing an additional 828,500 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $75.30 on Friday. The firm has a fifty day simple moving average of $74.18 and a two-hundred day simple moving average of $72.67. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.2255 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

Vanguard Total Bond Market ETF Profile

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.