Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Acquired by Archer Investment Corp

Archer Investment Corp lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,997 shares of the company’s stock after purchasing an additional 289 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,248,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BND. Sagespring Wealth Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $1,234,246,000. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Total Bond Market ETF by 11.3% during the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock worth $7,125,878,000 after purchasing an additional 10,057,150 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 16.7% during the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after purchasing an additional 8,312,317 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard Total Bond Market ETF by 18.0% during the fourth quarter. Bank of America Corp DE now owns 22,339,566 shares of the company’s stock worth $1,606,438,000 after purchasing an additional 3,401,728 shares during the last quarter. Finally, Arizona PSPRS Trust boosted its holdings in shares of Vanguard Total Bond Market ETF by 42.4% during the fourth quarter. Arizona PSPRS Trust now owns 9,433,970 shares of the company’s stock worth $678,397,000 after purchasing an additional 2,810,579 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock traded up $0.10 during midday trading on Friday, reaching $72.83. The stock had a trading volume of 626,446 shares, compared to its average volume of 6,527,724. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.67. The stock’s 50-day simple moving average is $72.70 and its 200 day simple moving average is $72.65.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were issued a $0.2353 dividend. This represents a $2.82 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.