Perennial Investment Advisors LLC Grows Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Perennial Investment Advisors LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,765 shares of the company’s stock after acquiring an additional 1,164 shares during the quarter. Perennial Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,205,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quent Capital LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at $25,000. Christopher J. Hasenberg Inc acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $34,000. Sound Income Strategies LLC increased its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares in the last quarter. Finally, YANKCOM Partnership acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $45,000.

Vanguard Total Bond Market ETF Trading Up 0.1 %

Shares of BND stock opened at $73.82 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The business’s 50 day moving average is $72.90 and its two-hundred day moving average is $73.01.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a $0.2404 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 dividend on an annualized basis and a yield of 3.91%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.