Invst LLC Invests $239,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Invst LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,330 shares of the company’s stock, valued at approximately $239,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Country Club Bank GFN boosted its holdings in Vanguard Total Bond Market ETF by 14.6% in the fourth quarter. Country Club Bank GFN now owns 9,120 shares of the company’s stock valued at $672,000 after acquiring an additional 1,160 shares in the last quarter. Webster Bank N. A. raised its position in shares of Vanguard Total Bond Market ETF by 76.3% in the 4th quarter. Webster Bank N. A. now owns 8,507 shares of the company’s stock worth $626,000 after purchasing an additional 3,683 shares during the last quarter. Trust Point Inc. bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $1,707,000. Leonard Rickey Investment Advisors P.L.L.C. increased its holdings in Vanguard Total Bond Market ETF by 2.6% in the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 256,397 shares of the company’s stock worth $18,858,000 after buying an additional 6,604 shares in the last quarter. Finally, Corrigan Financial Inc. increased its holdings in Vanguard Total Bond Market ETF by 8.6% in the 4th quarter. Corrigan Financial Inc. now owns 315,751 shares of the company’s stock worth $23,223,000 after buying an additional 24,896 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND traded up $0.84 during trading hours on Friday, hitting $74.41. The company’s stock had a trading volume of 6,476,348 shares, compared to its average volume of 6,886,658. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $74.44. The company’s 50 day simple moving average is $72.42 and its two-hundred day simple moving average is $72.14.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.2239 per share. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. This represents a $2.69 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Thursday, August 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.