Thrivent Financial for Lutherans Buys 90,101 Shares of Vanguard Total Bond Market ETF $BND

Thrivent Financial for Lutherans boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 599.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 105,129 shares of the company’s stock after acquiring an additional 90,101 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Total Bond Market ETF were worth $7,818,000 at the end of the most recent reporting period.

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

Vanguard Total Bond Market ETF Stock Up 0.4%

BND stock opened at $74.22 on Friday. The company has a fifty day moving average price of $74.19 and a 200-day moving average price of $74.16. Vanguard Total Bond Market ETF has a 52-week low of $71.41 and a 52-week high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

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

Vanguard Total Bond Market ETF 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.