M Holdings Securities Inc. Invests $3.29 Million in Vanguard Total Bond Market ETF $BND

M Holdings Securities Inc. purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 44,370 shares of the company’s stock, valued at approximately $3,286,000.

Other large investors have also modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $26,000. CKW Financial Group purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $28,000. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth about $32,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $43,000. Finally, Kingdom Financial Group LLC. purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $43,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $72.91 on Thursday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23. The stock’s 50-day simple moving average is $73.38 and its 200-day simple moving average is $73.94.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.