Financial Avengers Inc. Raises Stake in Vanguard Total Bond Market ETF $BND

Financial Avengers Inc. lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,930 shares of the company’s stock after purchasing an additional 8,207 shares during the period. Vanguard Total Bond Market ETF comprises about 2.0% of Financial Avengers Inc.’s investment portfolio, making the stock its 16th largest position. Financial Avengers Inc.’s holdings in Vanguard Total Bond Market ETF were worth $4,487,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in BND. DiPaolo Financial Group Inc. purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $1,506,000. Flower City Capital purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $690,000. Vestment Financial LLC acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $1,168,000. Five Pine Wealth Management raised its holdings in Vanguard Total Bond Market ETF by 5.0% in the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock valued at $22,998,000 after acquiring an additional 14,798 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.42 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $72.17 and a 52-week high of $75.23. The stock’s fifty day simple moving average is $73.00 and its 200-day simple moving average is $73.60.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2445 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Wednesday, July 1st.

Vanguard Total Bond Market ETF Company 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.