Faithward Advisors LLC Purchases 16,440 Shares of Vanguard Total Bond Market ETF $BND

Faithward Advisors LLC grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 118,679 shares of the company’s stock after purchasing an additional 16,440 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 1.2% of Faithward Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Faithward Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,739,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in BND. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $26,000. CKW Financial Group acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $28,000. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth $32,000. Finally, FAS Wealth Partners Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 1,064.1% in the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock valued at $34,000 after acquiring an additional 415 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.22 on Wednesday. The company’s 50-day simple moving average is $73.32 and its 200 day simple moving average is $73.85. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week 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. Shareholders of record on Monday, June 1st were issued a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.