Faithward Advisors LLC Buys 16,440 Shares of Vanguard Total Bond Market ETF $BND

Faithward Advisors LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,679 shares of the company’s stock after acquiring an additional 16,440 shares during the period. Vanguard Total Bond Market ETF makes up about 1.2% of Faithward Advisors LLC’s portfolio, making the stock its 19th biggest holding. Faithward Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,739,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $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, FAS Wealth Partners Inc. grew its stake in Vanguard Total Bond Market ETF by 1,064.1% during the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock worth $34,000 after buying an additional 415 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.22 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $72.34 and a 12 month high of $75.23. The company’s 50-day moving average price is $73.32 and its two-hundred day moving average price is $73.85.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.2473 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.