NewEdge Advisors LLC Increases Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

NewEdge Advisors LLC boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 963,964 shares of the company’s stock after purchasing an additional 87,815 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $69,319,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Quent Capital LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $25,000. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $31,000. Sound Income Strategies LLC grew its stake in Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $34,000. Finally, YANKCOM Partnership bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth $45,000.

Vanguard Total Bond Market ETF Stock Up 0.2 %

NASDAQ BND opened at $72.61 on Wednesday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The company has a fifty day moving average of $72.92 and a 200-day moving average of $72.84.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.2404 per share. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 annualized dividend and a yield of 3.97%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

Vanguard Total Bond Market ETF 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.