Wayfinding Financial LLC Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Wayfinding Financial LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the first quarter, Holdings Channel.com reports. The firm purchased 7,375 shares of the company’s stock, valued at approximately $541,000.

A number of other hedge funds have also recently made changes to their positions in the company. Betterment LLC grew its position in Vanguard Total Bond Market ETF by 5.4% in the fourth quarter. Betterment LLC now owns 1,679,216 shares of the company’s stock worth $120,752,000 after acquiring an additional 86,538 shares in the last quarter. First Trust Advisors LP purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $647,000. Victory Capital Management Inc. grew its position in Vanguard Total Bond Market ETF by 37.2% in the fourth quarter. Victory Capital Management Inc. now owns 346,882 shares of the company’s stock worth $24,944,000 after acquiring an additional 94,112 shares in the last quarter. Sherwood Financial Partners LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $32,455,000. Finally, Global View Capital Management LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $1,577,000.

Vanguard Total Bond Market ETF Trading Down 0.2%

Shares of NASDAQ:BND opened at $73.13 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $71.10 and a 52-week high of $75.67. The firm has a fifty day moving average of $72.73 and a 200 day moving average of $72.60.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were given a $0.2353 dividend. The ex-dividend date was Tuesday, July 1st. This represents a $2.82 annualized dividend and a yield of 3.86%.

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.