Financial Architects LLC Has $19.29 Million Stock Position in Vanguard Total Bond Market ETF $BND

Financial Architects LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,008 shares of the company’s stock after purchasing an additional 11,964 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 10.2% of Financial Architects LLC’s holdings, making the stock its 3rd largest position. Financial Architects LLC’s holdings in Vanguard Total Bond Market ETF were worth $19,294,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of BND. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $26,000. Wilkerson Advisory Group LLC bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $26,000. CKW Financial Group purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $28,000. Kelleher Financial Advisors purchased a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at about $32,000. Finally, FAS Wealth Partners Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 1,064.1% during the 4th quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock valued at $34,000 after buying an additional 415 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of NASDAQ:BND opened at $73.60 on Friday. The stock has a 50 day moving average of $73.31 and a 200 day moving average of $73.84. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.2473 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, June 1st.

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.