Prospect Financial Group LLC Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Prospect Financial Group LLC acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 100,262 shares of the company’s stock, valued at approximately $7,210,000. Vanguard Total Bond Market ETF makes up approximately 8.9% of Prospect Financial Group LLC’s holdings, making the stock its biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. N.E.W. Advisory Services LLC raised its position in Vanguard Total Bond Market ETF by 36.7% in the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after purchasing an additional 98,201 shares in the last quarter. Joel Adams & Associates Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $1,459,000. Truist Financial Corp raised its holdings in shares of Vanguard Total Bond Market ETF by 115.3% in the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after buying an additional 1,194,696 shares in the last quarter. Global View Capital Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $1,577,000. Finally, Aurelius Family Office LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $7,595,000.

Vanguard Total Bond Market ETF Trading Down 0.4 %

Shares of NASDAQ:BND opened at $73.00 on Tuesday. The business’s fifty day moving average price is $72.64 and its two-hundred day moving average price is $73.10. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.