Floyd Financial Group LLC Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Floyd Financial Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 42,561 shares of the company’s stock, valued at approximately $3,032,000. Vanguard Total Bond Market ETF accounts for about 2.5% of Floyd Financial Group LLC’s investment portfolio, making the stock its 13th largest holding.

Other institutional investors have also modified their holdings of the company. Future Financial Wealth Managment LLC acquired a new stake in Vanguard Total Bond Market ETF in the third quarter valued at $46,000. Northwest Investment Counselors LLC purchased a new stake in Vanguard Total Bond Market ETF during the third quarter worth approximately $46,000. Abich Financial Wealth Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 289.9% in the second quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock valued at $45,000 after purchasing an additional 461 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in Vanguard Total Bond Market ETF in the second quarter valued at approximately $46,000. Finally, Truvestments Capital LLC acquired a new stake in Vanguard Total Bond Market ETF during the third quarter worth approximately $51,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $71.22 on Wednesday. The firm has a 50 day simple moving average of $72.50 and a 200-day simple moving average of $73.40. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.