Armstrong Advisory Group Inc. Increases Stock Position in Vanguard Total Bond Market ETF $BND

Armstrong Advisory Group Inc. lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,259,561 shares of the company’s stock after purchasing an additional 46,340 shares during the period. Vanguard Total Bond Market ETF makes up approximately 6.3% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 4th biggest position. Armstrong Advisory Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $93,296,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BND. Orion Capital Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the 3rd quarter worth $32,000. Kelleher Financial Advisors bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $32,000. Elevation Point Wealth Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth about $44,000. Westfuller Advisors LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth about $46,000. Finally, Highline Wealth Partners LLC grew its position in shares of Vanguard Total Bond Market ETF by 31,250.0% during the third quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock worth $47,000 after purchasing an additional 625 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.17 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.23. The stock’s 50 day moving average is $74.32 and its 200 day moving average is $74.37.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.