Faithward Advisors LLC Acquires 12,334 Shares of Vanguard Total Bond Market ETF $BND

Faithward Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,239 shares of the company’s stock after purchasing an additional 12,334 shares during the period. Vanguard Total Bond Market ETF accounts for about 1.1% of Faithward Advisors LLC’s portfolio, making the stock its 19th biggest position. Faithward Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,573,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BND. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $26,000. CKW Financial Group purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $28,000. Kelleher Financial Advisors bought a new stake in Vanguard Total Bond Market ETF in the 3rd quarter worth about $32,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $43,000.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of Vanguard Total Bond Market ETF stock opened at $73.30 on Tuesday. The business’s fifty day simple moving average is $73.37 and its 200 day simple moving average is $73.91. 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 company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.2473 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was 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.