Talon Private Wealth LLC Takes Position in Vanguard Total Bond Market ETF $BND

Talon Private Wealth LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 22,249 shares of the company’s stock, valued at approximately $1,638,000.

Several other institutional investors have also recently made changes to their positions in BND. DiPaolo Financial Group Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $1,506,000. Flower City Capital purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $690,000. Five Pine Wealth Management grew its position in Vanguard Total Bond Market ETF by 5.0% during the fourth quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after buying an additional 14,798 shares in the last quarter. Vestment Financial LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $1,168,000. Finally, Vanguard Group Inc. increased its stake in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after acquiring an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.2%

Shares of BND opened at $72.64 on Wednesday. Vanguard Total Bond Market ETF has a 12-month low of $72.17 and a 12-month high of $75.23. The stock has a 50-day moving average price of $73.02 and a 200-day moving average price of $73.63.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2445 per share. The ex-dividend date of this dividend 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.