Cibc World Market Inc. Raises Position in Vanguard Total Bond Market ETF $BND

Cibc World Market Inc. raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 365.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 114,902 shares of the company’s stock after acquiring an additional 90,228 shares during the period. Cibc World Market Inc.’s holdings in Vanguard Total Bond Market ETF were worth $8,545,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BND. Orion Capital Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the third quarter worth $32,000. Financial Gravity Companies Inc. bought a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at $34,000. Hantz Financial Services Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 189.3% during 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 in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth about $44,000. Finally, Westfuller Advisors LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $46,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $74.88 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $71.41 and a 1 year high of $75.15. The firm has a 50-day moving average of $74.20 and a 200 day moving average of $74.22.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.2455 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Monday, February 2nd.

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.