Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Position Raised by Independent Wealth Network Inc.

Independent Wealth Network Inc. raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.8% in the first quarter, Holdings Channel reports. The firm owned 18,831 shares of the company’s stock after buying an additional 1,680 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,383,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in Vanguard Total Bond Market ETF by 99.6% in the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after buying an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Vanguard Total Bond Market ETF by 19.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares in the last quarter. Amundi boosted its stake in Vanguard Total Bond Market ETF by 25.6% in the 4th quarter. Amundi now owns 10,800 shares of the company’s stock valued at $773,000 after buying an additional 2,200 shares in the last quarter. Fiduciary Group LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $1,088,000. Finally, Symmetry Partners LLC boosted its stake in Vanguard Total Bond Market ETF by 71.4% in the 4th quarter. Symmetry Partners LLC now owns 480,408 shares of the company’s stock valued at $34,546,000 after buying an additional 200,113 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0%

Shares of BND stock opened at $72.73 on Friday. The stock’s fifty day simple moving average is $72.70 and its 200 day simple moving average is $72.65. Vanguard Total Bond Market ETF has a one year low of $71.10 and a one year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were given a dividend of $0.2353 per share. The ex-dividend date was Tuesday, July 1st. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.88%.

About Vanguard Total Bond Market ETF

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.