Align Financial LLC Invests $153.39 Million in Vanguard Total Bond Market ETF $BND

Align Financial LLC purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, Holdings Channel.com reports. The fund purchased 2,070,865 shares of the company’s stock, valued at approximately $153,389,000. Vanguard Total Bond Market ETF makes up approximately 0.7% of Align Financial LLC’s portfolio, making the stock its 26th largest position.

A number of other institutional investors also recently modified their holdings of the business. Bright Futures Wealth Management LLC. acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at about $524,000. BlueStem Wealth Partners LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 6.1% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock valued at $19,429,000 after purchasing an additional 14,988 shares during the period. Armstrong Advisory Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 3.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock valued at $93,296,000 after purchasing an additional 46,340 shares during the period. Vanguard Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the period. Finally, Gridiron Partners LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 2,357.4% in the 4th quarter. Gridiron Partners LLC now owns 592,019 shares of the company’s stock valued at $43,851,000 after purchasing an additional 567,928 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.14 on Thursday. The business’s 50-day moving average is $73.36 and its 200-day moving average is $73.88. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.2473 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. 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.