Savvy Advisors Inc. Purchases 26,891 Shares of Vanguard Total Bond Market ETF $BND

Savvy Advisors Inc. lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 143.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 45,609 shares of the company’s stock after purchasing an additional 26,891 shares during the quarter. Savvy Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $3,378,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Orion Capital Management LLC bought a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $32,000. Kelleher Financial Advisors bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $32,000. Westfuller Advisors LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at approximately $46,000. Highline Wealth Partners LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 31,250.0% in the third quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock valued at $47,000 after purchasing an additional 625 shares during the last quarter. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Total Bond Market ETF in the second quarter worth $50,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.58 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.23. The firm has a fifty day simple moving average of $74.16 and a 200 day simple moving average of $74.30.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

Vanguard Total Bond Market ETF Company 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.