Abound Financial LLC Takes $4.57 Million Position in Vanguard Total Bond Market ETF $BND

Abound Financial LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 61,706 shares of the company’s stock, valued at approximately $4,571,000. Vanguard Total Bond Market ETF accounts for 1.1% of Abound Financial LLC’s holdings, making the stock its 22nd biggest holding.

Other large investors have also modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $26,000. Wilkerson Advisory Group LLC acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at $26,000. CKW Financial Group acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at $28,000. Kelleher Financial Advisors bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth about $32,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $43,000.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.30 on Tuesday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The business’s 50-day simple moving average is $73.37 and its 200 day simple moving average is $73.91.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.2473 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, June 1st.

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.