RDA Financial Network Takes $680,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

RDA Financial Network acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,048 shares of the company’s stock, valued at approximately $680,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning lifted its stake in shares of Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after purchasing an additional 8,691,058 shares during the last quarter. Arizona PSPRS Trust purchased a new position in Vanguard Total Bond Market ETF during the second quarter worth about $472,909,000. Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after buying an additional 6,253,040 shares during the period. Axiom Advisory LLC increased its position in shares of Vanguard Total Bond Market ETF by 20.7% during the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after acquiring an additional 4,794,485 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Vanguard Total Bond Market ETF by 123.9% in the 1st quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after acquiring an additional 2,660,678 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND traded up $0.30 during mid-day trading on Tuesday, reaching $74.07. 3,750,943 shares of the company were exchanged, compared to its average volume of 6,616,976. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $75.67. The firm’s 50-day simple moving average is $74.64 and its 200 day simple moving average is $72.91.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.2255 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

Vanguard Total Bond Market ETF 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.