Sovereign Financial Group Inc. Has $9.73 Million Position in Vanguard Total International Bond ETF (NASDAQ:BNDX)

Sovereign Financial Group Inc. boosted its position in Vanguard Total International Bond ETF (NASDAQ:BNDX) by 11.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 199,340 shares of the company’s stock after purchasing an additional 20,542 shares during the quarter. Vanguard Total International Bond ETF makes up 2.2% of Sovereign Financial Group Inc.’s portfolio, making the stock its 8th biggest position. Sovereign Financial Group Inc.’s holdings in Vanguard Total International Bond ETF were worth $9,732,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Signal Advisors Wealth LLC increased its holdings in shares of Vanguard Total International Bond ETF by 1.0% during the first quarter. Signal Advisors Wealth LLC now owns 37,081 shares of the company’s stock valued at $1,810,000 after acquiring an additional 385 shares in the last quarter. Trinity Wealth Management LLC increased its holdings in shares of Vanguard Total International Bond ETF by 6.9% during the first quarter. Trinity Wealth Management LLC now owns 8,184 shares of the company’s stock valued at $400,000 after acquiring an additional 528 shares in the last quarter. Eclectic Associates Inc. ADV increased its holdings in shares of Vanguard Total International Bond ETF by 4.0% during the first quarter. Eclectic Associates Inc. ADV now owns 855,426 shares of the company’s stock valued at $41,762,000 after acquiring an additional 32,905 shares in the last quarter. Horizons Wealth Management increased its holdings in shares of Vanguard Total International Bond ETF by 3.9% during the first quarter. Horizons Wealth Management now owns 108,104 shares of the company’s stock valued at $5,278,000 after acquiring an additional 4,013 shares in the last quarter. Finally, Level Financial Advisors increased its holdings in shares of Vanguard Total International Bond ETF by 9.6% during the first quarter. Level Financial Advisors now owns 117,699 shares of the company’s stock valued at $5,746,000 after acquiring an additional 10,341 shares in the last quarter.

Vanguard Total International Bond ETF Stock Performance

Shares of NASDAQ:BNDX opened at $49.20 on Friday. Vanguard Total International Bond ETF has a 1-year low of $48.29 and a 1-year high of $50.70. The business has a fifty day moving average price of $49.15 and a 200-day moving average price of $49.23.

Vanguard Total International Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.1067 per share. The ex-dividend date was Monday, June 2nd. This represents a $1.28 annualized dividend and a dividend yield of 2.60%.

Vanguard Total International Bond ETF Company Profile

The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an investment-grade, non-USD denominated bond index, hedged against currency fluctuations for US investors. BNDX was launched on Jun 4, 2013 and is managed by Vanguard.