Avestar Capital LLC Invests $330,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Avestar Capital LLC acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,399 shares of the company’s stock, valued at approximately $330,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Simmons Bank increased its position in Vanguard Total Bond Market ETF by 21.0% in the 2nd quarter. Simmons Bank now owns 3,373 shares of the company’s stock valued at $243,000 after acquiring an additional 585 shares during the period. Estate Counselors LLC increased its holdings in Vanguard Total Bond Market ETF by 42.8% in the third quarter. Estate Counselors LLC now owns 23,638 shares of the company’s stock valued at $1,772,000 after purchasing an additional 7,083 shares during the period. Consolidated Portfolio Review Corp lifted its stake in shares of Vanguard Total Bond Market ETF by 12.4% in the second quarter. Consolidated Portfolio Review Corp now owns 4,532 shares of the company’s stock worth $327,000 after acquiring an additional 499 shares during the period. LJI Wealth Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 7.3% in the second quarter. LJI Wealth Management LLC now owns 4,576 shares of the company’s stock valued at $330,000 after acquiring an additional 311 shares during the last quarter. Finally, B & T Capital Management DBA Alpha Capital Management increased its position in Vanguard Total Bond Market ETF by 2.3% during the 3rd quarter. B & T Capital Management DBA Alpha Capital Management now owns 15,187 shares of the company’s stock valued at $1,141,000 after purchasing an additional 339 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.33 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The firm has a 50 day moving average price of $73.61 and a two-hundred day moving average price of $73.30.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.2276 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st. This represents a $2.73 annualized dividend and a yield of 3.73%.

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.