IFS Advisors LLC Has $5.66 Million Position in Vanguard Total Bond Market ETF $BND

IFS Advisors LLC lessened its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,466 shares of the company’s stock after selling 15,135 shares during the period. Vanguard Total Bond Market ETF comprises about 2.9% of IFS Advisors LLC’s portfolio, making the stock its 12th largest holding. IFS Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $5,664,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its position in Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after buying an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Vanguard Total Bond Market ETF by 19.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares during the period. AlphaCore Capital LLC bought a new stake in Vanguard Total Bond Market ETF in the second quarter valued at approximately $350,000. Coldstream Capital Management Inc. raised its stake in Vanguard Total Bond Market ETF by 8.1% in the second quarter. Coldstream Capital Management Inc. now owns 71,093 shares of the company’s stock valued at $5,235,000 after buying an additional 5,342 shares during the period. Finally, Global Retirement Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the second quarter valued at approximately $9,624,000.

Vanguard Total Bond Market ETF Trading Up 0.4%

Shares of NASDAQ BND opened at $73.45 on Tuesday. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.23. The stock has a 50 day moving average of $74.30 and a 200-day moving average of $74.37.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.2278 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.