PFW Advisors LLC Invests $6.12 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

PFW Advisors LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 85,083 shares of the company’s stock, valued at approximately $6,118,000. Vanguard Total Bond Market ETF comprises approximately 1.9% of PFW Advisors LLC’s portfolio, making the stock its 14th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Abich Financial Wealth Management LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 289.9% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock valued at $45,000 after acquiring an additional 461 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Vanguard Total Bond Market ETF in the second quarter valued at approximately $46,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $46,000. Northwest Investment Counselors LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth approximately $46,000. Finally, Truvestments Capital LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth $51,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock traded down $0.07 during trading on Monday, reaching $71.17. 11,855,686 shares of the stock were exchanged, compared to its average volume of 7,923,686. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The stock’s fifty day moving average is $72.57 and its 200 day moving average is $73.41.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.2334 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.