Northern Financial Advisors Inc Buys Shares of 71,123 Vanguard Total Bond Market ETF $BND

Northern Financial Advisors Inc purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, HoldingsChannel.com reports. The fund purchased 71,123 shares of the company’s stock, valued at approximately $5,289,000. Vanguard Total Bond Market ETF makes up approximately 2.8% of Northern Financial Advisors Inc’s investment portfolio, making the stock its 7th largest position.

Several other hedge funds also recently bought and sold shares of BND. JPMorgan Chase & Co. lifted its stake in Vanguard Total Bond Market ETF by 21.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after purchasing an additional 22,636,769 shares in the last quarter. Creative Planning increased its holdings in shares of Vanguard Total Bond Market ETF by 5.8% in the second quarter. Creative Planning now owns 114,896,140 shares of the company’s stock worth $8,459,803,000 after purchasing an additional 6,332,554 shares during the period. Sei Investments Co. raised its position in shares of Vanguard Total Bond Market ETF by 46.9% in the second quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock worth $1,147,087,000 after buying an additional 4,971,692 shares in the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 7.0% during the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock valued at $5,348,226,000 after buying an additional 4,719,267 shares during the period. Finally, Corient Private Wealth LLC grew its position in Vanguard Total Bond Market ETF by 125.6% during the second quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock worth $539,426,000 after buying an additional 4,217,095 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.0%

Shares of BND opened at $74.82 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month high of $75.15. The stock has a 50-day moving average price of $74.26 and a 200-day moving average price of $74.26.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.2455 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was 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.