Northern Financial Advisors Inc Acquires New Stake in Vanguard Total Bond Market ETF $BND

Northern Financial Advisors Inc acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 71,123 shares of the company’s stock, valued at approximately $5,289,000. Vanguard Total Bond Market ETF accounts for approximately 2.8% of Northern Financial Advisors Inc’s investment portfolio, making the stock its 7th largest holding.

Other hedge funds have also recently made changes to their positions in the company. Orion Capital Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth $32,000. Financial Gravity Companies Inc. purchased a new stake in Vanguard Total Bond Market ETF during the second quarter valued at about $34,000. Hantz Financial Services Inc. lifted its holdings in Vanguard Total Bond Market ETF by 189.3% during the second quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $42,000 after purchasing an additional 371 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in Vanguard Total Bond Market ETF during the second quarter worth about $44,000. Finally, Westfuller Advisors LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $74.82 on Friday. The company’s 50 day moving average is $74.26 and its 200-day moving average is $74.26. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month 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. Shareholders of record on Monday, February 2nd were given a dividend of $0.2455 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.