Towle & Co. Buys Shares of 30,691 Vanguard Total Bond Market ETF $BND

Towle & Co. purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 30,691 shares of the company’s stock, valued at approximately $2,260,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $26,000. Wilkerson Advisory Group LLC acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $26,000. CKW Financial Group acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $28,000. Whittier Trust Co. of Nevada Inc. raised its position in Vanguard Total Bond Market ETF by 159.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after purchasing an additional 238 shares during the period. Finally, Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF in the third quarter valued at $32,000.

Vanguard Total Bond Market ETF Stock Down 0.2%

Shares of Vanguard Total Bond Market ETF stock opened at $72.25 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $72.17 and a 52 week high of $75.23. The business’s fifty day simple moving average is $73.03 and its 200-day simple moving average is $73.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.2445 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Wednesday, July 1st.

Vanguard Total Bond Market ETF Company 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.