PFG Private Wealth Management LLC Acquires New Stake in Vanguard Total Bond Market ETF $BND

PFG Private Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, Holdings Channel reports. The fund purchased 19,223 shares of the company’s stock, valued at approximately $1,430,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Orion Capital Management LLC purchased a new position in Vanguard Total Bond Market ETF during the third quarter valued at $32,000. Financial Gravity Companies Inc. purchased a new stake in Vanguard Total Bond Market ETF in the second quarter worth about $34,000. Hantz Financial Services Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 189.3% in the second quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock worth $42,000 after buying an additional 371 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at about $44,000. Finally, Westfuller Advisors LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $46,000.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $74.32 on Thursday. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month high of $75.15. The firm has a 50 day moving average of $74.18 and a 200 day moving average of $74.21.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.2455 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, February 2nd.

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.