35,006 Shares in Vanguard Total Bond Market ETF (NASDAQ:BND) Bought by Michels Family Financial LLC

Michels Family Financial LLC acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 35,006 shares of the company’s stock, valued at approximately $2,517,000. Vanguard Total Bond Market ETF accounts for approximately 2.3% of Michels Family Financial LLC’s investment portfolio, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of BND. Quent Capital LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $25,000. Golden State Wealth Management LLC acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC lifted its holdings in Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares during the last quarter. YANKCOM Partnership bought a new position in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $45,000. Finally, Physician Wealth Advisors Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Trading Up 0.2%

Shares of NASDAQ BND opened at $72.19 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $70.97 and a twelve month high of $75.67. The business has a 50 day simple moving average of $72.78 and a 200-day simple moving average of $72.63.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, May 1st were issued a $0.2364 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date was Thursday, May 1st.

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.