Founders Financial Alliance LLC Has $161,000 Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Founders Financial Alliance LLC lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 734.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,186 shares of the company’s stock after purchasing an additional 1,924 shares during the period. Founders Financial Alliance LLC’s holdings in Vanguard Total Bond Market ETF were worth $161,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its position in Vanguard Total Bond Market ETF by 99.6% in the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after buying an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Vanguard Total Bond Market ETF by 19.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares in the last quarter. Bank of Montreal Can boosted its position in Vanguard Total Bond Market ETF by 24.6% in the fourth quarter. Bank of Montreal Can now owns 197,029 shares of the company’s stock valued at $14,168,000 after buying an additional 38,945 shares in the last quarter. FIL Ltd lifted its position in shares of Vanguard Total Bond Market ETF by 6.1% during the fourth quarter. FIL Ltd now owns 172,570 shares of the company’s stock worth $12,410,000 after purchasing an additional 9,949 shares in the last quarter. Finally, Bank of Nova Scotia lifted its position in shares of Vanguard Total Bond Market ETF by 1.1% during the fourth quarter. Bank of Nova Scotia now owns 48,637 shares of the company’s stock worth $3,497,000 after purchasing an additional 516 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2%

Shares of BND stock opened at $73.42 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $71.10 and a 1 year high of $75.67. The firm’s 50 day moving average is $73.00 and its 200-day moving average is $72.83.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 5th. Shareholders of record on Friday, August 1st were paid a $0.2419 dividend. The ex-dividend date of this dividend was Friday, August 1st. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a yield of 4.0%.

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.