CFS Investment Advisory Services LLC Increases Stock Holdings in Vanguard Total Bond Market ETF $BND

CFS Investment Advisory Services LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 77.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 132,902 shares of the company’s stock after purchasing an additional 57,883 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,843,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. DiPaolo Financial Group Inc. purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $1,506,000. Armstrong Advisory Group Inc. grew its position 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 worth $93,296,000 after buying an additional 46,340 shares during the period. Flower City Capital bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $690,000. Vestment Financial LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,168,000. Finally, Five Pine Wealth Management lifted its position in Vanguard Total Bond Market ETF by 5.0% during the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock valued at $22,998,000 after acquiring an additional 14,798 shares during the period.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.70 on Thursday. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23. The company’s 50-day simple moving average is $73.19 and its 200 day simple moving average is $73.78.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued 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.