Towle & Co. Buys New Stake in Vanguard Total Bond Market ETF $BND

Towle & Co. bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 30,691 shares of the company’s stock, valued at approximately $2,260,000.

A number of other large investors also recently added to or reduced their stakes in BND. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $26,000. CKW Financial Group acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. lifted its stake in Vanguard Total Bond Market ETF by 159.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after acquiring an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors purchased a new position in Vanguard Total Bond Market ETF during the 3rd quarter valued at about $32,000.

Vanguard Total Bond Market ETF Stock Down 0.2%

NASDAQ BND opened at $72.25 on Friday. The stock has a 50-day moving average of $73.03 and a two-hundred day moving average of $73.67. Vanguard Total Bond Market ETF has a 1-year low of $72.17 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.