Ameriprise Financial Inc. Grows Stock Holdings in Vanguard Total Bond Market ETF $BND

Ameriprise Financial Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,481,531 shares of the company’s stock after purchasing an additional 58,970 shares during the quarter. Ameriprise Financial Inc. owned about 0.29% of Vanguard Total Bond Market ETF worth $407,153,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF in the third quarter valued at approximately $32,000. Orion Capital Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth $32,000. Financial Gravity Companies Inc. purchased a new position in Vanguard Total Bond Market ETF in the second quarter worth $34,000. Elevation Point Wealth Partners LLC purchased a new position in Vanguard Total Bond Market ETF in the second quarter worth $44,000. Finally, Westfuller Advisors LLC bought a new position in Vanguard Total Bond Market ETF in the third quarter valued at $46,000.

Vanguard Total Bond Market ETF Stock Up 0.4%

Shares of BND stock opened at $73.83 on Tuesday. The business has a 50-day moving average price of $74.36 and a two-hundred day moving average price of $74.38. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.2278 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.