LPF Advisors LLC Has $14.15 Million Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

LPF Advisors LLC increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% during the second quarter, Holdings Channel.com reports. The firm owned 196,432 shares of the company’s stock after buying an additional 4,189 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 13.0% of LPF Advisors LLC’s holdings, making the stock its 2nd biggest position. LPF Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $14,153,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Marquette Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the first quarter valued at approximately $30,000. Lee Financial Co purchased a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $31,000. CVA Family Office LLC boosted its holdings in Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after acquiring an additional 399 shares during the last quarter. ORG Partners LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth $42,000. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the first quarter valued at about $42,000.

Vanguard Total Bond Market ETF Stock Up 0.4 %

Vanguard Total Bond Market ETF stock traded up $0.26 during midday trading on Friday, hitting $73.85. 6,093,118 shares of the stock were exchanged, compared to its average volume of 6,865,545. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.80. The business’s 50-day moving average price is $72.67 and its 200-day moving average price is $72.17.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a $0.2239 dividend. This represents a $2.69 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date was Thursday, August 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21.

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.