Founders Financial Securities LLC Grows Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Founders Financial Securities LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 27.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,844 shares of the company’s stock after buying an additional 7,202 shares during the period. Founders Financial Securities LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,458,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Hsbc Holdings PLC bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at about $201,000. Ironwood Investment Counsel LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $202,000. Rehmann Capital Advisory Group grew its holdings in shares of Vanguard Total Bond Market ETF by 4.2% in the third quarter. Rehmann Capital Advisory Group now owns 44,770 shares of the company’s stock worth $3,124,000 after purchasing an additional 1,805 shares during the last quarter. Waverly Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 10.8% in the 3rd quarter. Waverly Advisors LLC now owns 5,445 shares of the company’s stock valued at $380,000 after purchasing an additional 530 shares in the last quarter. Finally, United Services Automobile Association lifted its stake in shares of Vanguard Total Bond Market ETF by 5.3% during the 3rd quarter. United Services Automobile Association now owns 201,017 shares of the company’s stock worth $14,027,000 after purchasing an additional 10,144 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock traded down $0.34 during trading hours on Friday, reaching $72.05. 4,824,520 shares of the company’s stock were exchanged, compared to its average volume of 7,130,046. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $73.92. The stock’s 50 day moving average is $71.73 and its 200-day moving average is $72.24.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.219 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.21.

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.