PFG Advisors Buys Shares of 237,355 Vanguard Total Bond Market ETF $BND

PFG Advisors bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 237,355 shares of the company’s stock, valued at approximately $17,652,000. Vanguard Total Bond Market ETF makes up about 0.7% of PFG Advisors’ portfolio, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 99.6% during the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after purchasing an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock worth $237,000 after purchasing an additional 530 shares in the last quarter. Penserra Capital Management LLC bought a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at approximately $11,429,000. Brio Consultants LLC lifted its stake in Vanguard Total Bond Market ETF by 3.0% in the 2nd quarter. Brio Consultants LLC now owns 804,818 shares of the company’s stock valued at $59,259,000 after purchasing an additional 23,116 shares during the last quarter. Finally, Efficient Advisors LLC boosted its position in Vanguard Total Bond Market ETF by 3.9% in the second quarter. Efficient Advisors LLC now owns 1,458,694 shares of the company’s stock valued at $107,404,000 after buying an additional 54,559 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1%

NASDAQ BND opened at $74.24 on Monday. The firm’s fifty day moving average price is $74.39 and its two-hundred day moving average price is $74.37. Vanguard Total Bond Market ETF has a fifty-two week low of $71.41 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors 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 dividend yield of 3.7%.

About Vanguard Total Bond Market ETF

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.