L.K. Benson & Company P.C. Purchases 9,876 Shares of Vanguard Total Bond Market ETF $BND

L.K. Benson & Company P.C. increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,669 shares of the company’s stock after purchasing an additional 9,876 shares during the period. Vanguard Total Bond Market ETF makes up 3.9% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 5th largest holding. L.K. Benson & Company P.C.’s holdings in Vanguard Total Bond Market ETF were worth $7,189,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Orion Capital Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the third quarter valued at about $32,000. Financial Gravity Companies Inc. bought a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $34,000. Hantz Financial Services Inc. boosted its stake in Vanguard Total Bond Market ETF by 189.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $42,000 after purchasing an additional 371 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $44,000. Finally, Westfuller Advisors LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.93 on Wednesday. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.15. The business has a 50 day moving average price of $74.23 and a 200-day moving average price of $74.16.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be given a $0.2455 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, February 2nd.

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.