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

Concurrent Investment Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 61.0% during the 1st quarter, Holdings Channel reports. The firm owned 61,669 shares of the company’s stock after purchasing an additional 23,356 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,530,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in BND. Ameriflex Group Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $27,000. Park Square Financial Group LLC bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $37,000. Proathlete Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the first quarter worth approximately $39,000. Olde Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the first quarter worth approximately $39,000. Finally, Physician Wealth Advisors Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.13 on Friday. The company’s 50 day simple moving average is $72.73 and its 200 day simple moving average is $72.60. Vanguard Total Bond Market ETF has a 1 year low of $71.10 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were paid a $0.2353 dividend. The ex-dividend date was Tuesday, July 1st. This represents a $2.82 dividend on an annualized basis and a yield of 3.86%.

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.