Concurrent Investment Advisors LLC Purchases 23,356 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Concurrent Investment Advisors LLC increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 61.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 61,669 shares of the company’s stock after purchasing an additional 23,356 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,530,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. VERITY Wealth Advisors raised its holdings in shares of Vanguard Total Bond Market ETF by 0.9% in the 4th quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock valued at $1,133,000 after purchasing an additional 140 shares during the period. Grimes & Company Inc. raised its holdings in Vanguard Total Bond Market ETF by 0.8% in the 1st quarter. Grimes & Company Inc. now owns 18,612 shares of the company’s stock valued at $1,367,000 after acquiring an additional 146 shares during the period. Freedom Investment Management Inc. raised its holdings in Vanguard Total Bond Market ETF by 3.5% in the 4th quarter. Freedom Investment Management Inc. now owns 4,593 shares of the company’s stock valued at $330,000 after acquiring an additional 154 shares during the period. Harbor Investment Advisory LLC raised its holdings in Vanguard Total Bond Market ETF by 14.9% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,194 shares of the company’s stock valued at $88,000 after acquiring an additional 155 shares during the period. Finally, First American Trust FSB raised its holdings in Vanguard Total Bond Market ETF by 1.4% in the 4th quarter. First American Trust FSB now owns 11,805 shares of the company’s stock valued at $849,000 after acquiring an additional 160 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.13 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.67. The company’s 50-day moving average price is $72.73 and its two-hundred day moving average price is $72.60.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Tuesday, July 1st were issued a $0.2353 dividend. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $2.82 annualized dividend and a yield of 3.86%.

About Vanguard Total Bond Market ETF

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.