Factor Wealth Management LTD Has $498,000 Stock Holdings in Vanguard Total Bond Market ETF $BND

Factor Wealth Management LTD trimmed its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 54.1% in the second quarter, Holdings Channel.com reports. The fund owned 6,780 shares of the company’s stock after selling 7,992 shares during the quarter. Factor Wealth Management LTD’s holdings in Vanguard Total Bond Market ETF were worth $498,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BND. DiPaolo Financial Group Inc. acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth about $1,506,000. Flower City Capital acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $690,000. Vestment Financial LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,168,000. Vanguard Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares in the last quarter. Finally, Assetmark Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 2.5% during the 4th quarter. Assetmark Inc. now owns 4,636,873 shares of the company’s stock valued at $343,453,000 after purchasing an additional 114,204 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.3%

NASDAQ BND opened at $72.25 on Friday. The business has a 50 day simple moving average of $72.92 and a 200 day simple moving average of $73.53. Vanguard Total Bond Market ETF has a one year low of $72.07 and a one year high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.2516 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, August 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24.

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.