Kavar Capital Partners Group LLC Invests $32.07 Million in Vanguard Total Bond Market ETF $BND

Kavar Capital Partners Group LLC acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 435,548 shares of the company’s stock, valued at approximately $32,074,000. Vanguard Total Bond Market ETF makes up about 4.0% of Kavar Capital Partners Group LLC’s holdings, making the stock its 5th largest position.

A number of other large investors have also recently made changes to their positions in BND. USAdvisors Wealth Management LLC lifted its holdings in Vanguard Total Bond Market ETF by 2.3% during the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after purchasing an additional 141 shares in the last quarter. Centurion Wealth Management LLC increased its stake in shares of Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after purchasing an additional 146 shares in the last quarter. Novak & Powell Financial Services Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after purchasing an additional 149 shares in the last quarter. Cornerstone Management Inc. raised its position in shares of Vanguard Total Bond Market ETF by 3.6% during the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after purchasing an additional 152 shares during the period. Finally, Evoke Wealth LLC raised its position in shares of Vanguard Total Bond Market ETF by 0.7% during the 4th quarter. Evoke Wealth LLC now owns 21,983 shares of the company’s stock valued at $1,628,000 after purchasing an additional 152 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.34 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23. The firm’s fifty day moving average is $73.35 and its 200 day moving average is $73.87.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.