Faithward Advisors LLC Acquires 12,334 Shares of Vanguard Total Bond Market ETF $BND

Faithward Advisors LLC boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 102,239 shares of the company’s stock after buying an additional 12,334 shares during the period. Vanguard Total Bond Market ETF makes up approximately 1.1% of Faithward Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Faithward Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,573,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $26,000. CKW Financial Group bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $28,000. Kelleher Financial Advisors bought a new stake in Vanguard Total Bond Market ETF during the third quarter worth about $32,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth about $43,000.

Vanguard Total Bond Market ETF Stock Up 0.1%

Shares of BND stock opened at $73.30 on Tuesday. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23. The business has a 50-day moving average price of $73.37 and a two-hundred day moving average price of $73.91.

Vanguard Total Bond Market ETF Cuts Dividend

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