Gridiron Partners LLC Raises Position in Vanguard Total Bond Market ETF $BND

Gridiron Partners LLC boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2,357.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 592,019 shares of the company’s stock after buying an additional 567,928 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 25.0% of Gridiron Partners LLC’s holdings, making the stock its 2nd biggest holding. Gridiron Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $43,851,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $32,000. Kelleher Financial Advisors bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $32,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at approximately $44,000. Westfuller Advisors LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $46,000. Finally, Highline Wealth Partners LLC raised its position in shares of Vanguard Total Bond Market ETF by 31,250.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock valued at $47,000 after acquiring an additional 625 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

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

Vanguard Total Bond Market ETF Cuts Dividend

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

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.