Proffitt & Goodson Inc. Acquires 28,292 Shares of Vanguard Total Bond Market ETF $BND

Proffitt & Goodson Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 36.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 106,400 shares of the company’s stock after acquiring an additional 28,292 shares during the quarter. Vanguard Total Bond Market ETF makes up about 1.1% of Proffitt & Goodson Inc.’s portfolio, making the stock its 17th biggest holding. Proffitt & Goodson Inc.’s holdings in Vanguard Total Bond Market ETF were worth $7,881,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CKW Financial Group bought a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $28,000. Orion Capital Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth approximately $32,000. Kelleher Financial Advisors bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth approximately $32,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $43,000. Finally, Westfuller Advisors LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $74.06 on Monday. Vanguard Total Bond Market ETF has a 12-month low of $71.76 and a 12-month high of $75.23. The business has a 50 day moving average of $74.08 and a 200-day moving average of $74.26.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.25 per share. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 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.