Center For Asset Management LLC Buys 7,486 Shares of Vanguard Total Bond Market ETF $BND

Center For Asset Management LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 45,392 shares of the company’s stock after buying an additional 7,486 shares during the period. Vanguard Total Bond Market ETF makes up 1.7% of Center For Asset Management LLC’s investment portfolio, making the stock its 18th biggest position. Center For Asset Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,343,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. DiPaolo Financial Group Inc. bought a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $1,506,000. Bright Futures Wealth Management LLC. bought a new position in shares of Vanguard Total Bond Market ETF during the third quarter valued at $524,000. BlueStem Wealth Partners LLC raised its stake in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock valued at $19,429,000 after acquiring an additional 14,988 shares during the last quarter. Armstrong Advisory Group Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 3.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock valued at $93,296,000 after acquiring an additional 46,340 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.34 on Monday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The company’s fifty day moving average is $73.35 and its 200 day moving average is $73.87.

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 yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.