CFS Investment Advisory Services LLC Buys 57,883 Shares of Vanguard Total Bond Market ETF $BND

CFS Investment Advisory Services LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 77.2% during the first quarter, HoldingsChannel reports. The fund owned 132,902 shares of the company’s stock after buying an additional 57,883 shares during the period. CFS Investment Advisory Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,843,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. DiPaolo Financial Group Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $1,506,000. Armstrong Advisory Group Inc. increased its position in shares of Vanguard Total Bond Market ETF by 3.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock valued at $93,296,000 after acquiring an additional 46,340 shares in the last quarter. Flower City Capital purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $690,000. Vestment Financial LLC purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $1,168,000. Finally, 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 worth $22,998,000 after acquiring an additional 14,798 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2%

BND stock opened at $72.70 on Thursday. The stock’s 50 day simple moving average is $73.19 and its 200 day simple moving average is $73.78. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.