Investor s Fiduciary Advisor Network LLC Invests $1.26 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

Investor s Fiduciary Advisor Network LLC bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,584 shares of the company’s stock, valued at approximately $1,264,000.

Several other institutional investors and hedge funds also recently bought and sold shares of BND. Quent Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $25,000. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $31,000. Sound Income Strategies LLC raised its holdings in Vanguard Total Bond Market ETF by 44.1% during the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after acquiring an additional 146 shares during the period. Golden State Wealth Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $34,000. Finally, YANKCOM Partnership bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.57 on Friday. The business’s 50 day moving average is $72.95 and its 200 day moving average is $72.68. Vanguard Total Bond Market ETF has a 12-month low of $70.97 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were issued a $0.2364 dividend. This represents a $2.84 annualized dividend and a dividend yield of 3.91%. The ex-dividend date was Thursday, May 1st.

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.