PDS Planning Inc Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

PDS Planning Inc boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 205,408 shares of the company’s stock after buying an additional 9,335 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 1.3% of PDS Planning Inc’s portfolio, making the stock its 19th biggest holding. PDS Planning Inc’s holdings in Vanguard Total Bond Market ETF were worth $15,087,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BND. Ameriflex Group Inc. purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth about $27,000. Park Square Financial Group LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $37,000. Proathlete Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the 1st quarter worth $39,000. Physician Wealth Advisors Inc. bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $46,000. Finally, Mpwm Advisory Solutions LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $48,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.30 on Thursday. The company’s 50-day moving average price is $72.64 and its 200-day moving average price is $72.59. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.2403 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Monday, June 2nd.

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.