Alps Advisors Inc. Raises Stake in Vanguard Total Bond Market ETF $BND

Alps Advisors Inc. grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,214,759 shares of the company’s stock after buying an additional 7,625 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 0.5% of Alps Advisors Inc.’s portfolio, making the stock its 21st largest position. Alps Advisors Inc. owned about 0.06% of Vanguard Total Bond Market ETF worth $90,342,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Orion Capital Management LLC purchased a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at $32,000. Financial Gravity Companies Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth $34,000. Hantz Financial Services Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 189.3% in the second quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $42,000 after acquiring an additional 371 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the second quarter valued at about $44,000. Finally, Westfuller Advisors LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the third quarter worth about $46,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $74.23 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.15. The company has a 50-day moving average price of $74.18 and a 200 day moving average price of $74.18.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.2455 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.