Addison Capital Co Has $38.09 Million Stock Position in Vanguard Total Bond Market ETF $BND

Addison Capital Co lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 54.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 517,197 shares of the company’s stock after purchasing an additional 182,495 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 6.8% of Addison Capital Co’s holdings, making the stock its 2nd largest position. Addison Capital Co’s holdings in Vanguard Total Bond Market ETF were worth $38,086,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth about $26,000. CKW Financial Group bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 159.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after buying an additional 238 shares during the period. Finally, Kelleher Financial Advisors bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $32,000.

Vanguard Total Bond Market ETF Trading Down 0.4%

Shares of NASDAQ:BND opened at $72.85 on Wednesday. The stock has a 50 day moving average of $73.21 and a 200 day moving average of $73.79. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 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.