Avantax Planning Partners Inc. Raises Stake in Vanguard Total Bond Market ETF $BND

Avantax Planning Partners Inc. boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 58.0% in the 1st quarter, Holdings Channel reports. The fund owned 59,906 shares of the company’s stock after purchasing an additional 21,992 shares during the period. Avantax Planning Partners Inc.’s holdings in Vanguard Total Bond Market ETF were worth $4,411,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BND. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $26,000. CKW Financial Group acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $28,000. Whittier Trust Co. of Nevada Inc. boosted 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 valued at $28,000 after purchasing an additional 238 shares during the period. Finally, Kelleher Financial Advisors purchased a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $32,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.50 on Tuesday. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23. The stock’s 50 day moving average is $73.14 and its two-hundred day moving average is $73.75.

Vanguard Total Bond Market ETF Cuts Dividend

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

About Vanguard Total Bond Market ETF

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.