RIA Advisory Group LLC Purchases Shares of 451,968 Vanguard Total Bond Market ETF (NASDAQ:BND)

RIA Advisory Group LLC purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 451,968 shares of the company’s stock, valued at approximately $33,947,000. Vanguard Total Bond Market ETF comprises approximately 12.0% of RIA Advisory Group LLC’s investment portfolio, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Anfield Capital Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 4,650.0% during the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after purchasing an additional 465 shares during the last quarter. CVA Family Office LLC grew its stake in shares of Vanguard Total Bond Market ETF by 443.3% during the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after buying an additional 399 shares during the last quarter. Ridgewood Investments LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth about $38,000. Family Asset Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $40,000. Finally, American National Bank purchased a new stake in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $44,000.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $72.48 on Friday. The stock’s 50 day simple moving average is $74.02 and its 200 day simple moving average is $73.20. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.2276 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st. This represents a $2.73 annualized dividend and a dividend yield of 3.77%.

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.