Old Peak Finance LLC Invests $1.59 Million in Vanguard Total Bond Market ETF $BND

Old Peak Finance LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,511 shares of the company’s stock, valued at approximately $1,593,000. Vanguard Total Bond Market ETF comprises 1.0% of Old Peak Finance LLC’s investment portfolio, making the stock its 13th biggest position.

A number of other large investors also recently made changes to their positions in BND. Cogent Private Wealth Inc. bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $1,341,000. Twin Peaks Wealth Advisors LLC increased its position in Vanguard Total Bond Market ETF by 52.4% during the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 17,286 shares of the company’s stock worth $1,284,000 after buying an additional 5,947 shares during the period. FDx Advisors Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.0% during the fourth quarter. FDx Advisors Inc. now owns 233,682 shares of the company’s stock worth $17,309,000 after buying an additional 4,613 shares in the last quarter. Sage Investment Advisers LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $3,675,000. Finally, Swisher Financial Concepts Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 5.5% in the fourth quarter. Swisher Financial Concepts Inc. now owns 95,891 shares of the company’s stock valued at $7,103,000 after acquiring an additional 5,007 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.18 on Tuesday. Vanguard Total Bond Market ETF has a 12-month low of $72.19 and a 12-month high of $75.23. The company’s 50 day moving average price is $73.43 and its two-hundred day moving average price is $74.00.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st will be given a dividend of $0.2473 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Monday, June 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.