Vanguard Total Bond Market ETF $BND is Powers Advisory Group LLC’s 8th Largest Position

Powers Advisory Group LLC increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 26.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,551 shares of the company’s stock after purchasing an additional 29,717 shares during the quarter. Vanguard Total Bond Market ETF accounts for 3.6% of Powers Advisory Group LLC’s holdings, making the stock its 8th largest holding. Powers Advisory Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $10,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Sequent Planning LLC increased its stake in shares of Vanguard Total Bond Market ETF by 2.6% during the first quarter. Sequent Planning LLC now owns 10,707 shares of the company’s stock worth $788,000 after buying an additional 269 shares during the period. Colony Family Offices LLC raised its holdings in Vanguard Total Bond Market ETF by 9.3% in the first quarter. Colony Family Offices LLC now owns 112,846 shares of the company’s stock valued at $8,310,000 after acquiring an additional 9,617 shares in the last quarter. Wesbanco Bank Inc. lifted its stake in Vanguard Total Bond Market ETF by 11.8% in the first quarter. Wesbanco Bank Inc. now owns 382,924 shares of the company’s stock worth $28,199,000 after acquiring an additional 40,425 shares during the last quarter. Financial Architects LLC lifted its stake in Vanguard Total Bond Market ETF by 4.8% in the first quarter. Financial Architects LLC now owns 262,008 shares of the company’s stock worth $19,294,000 after acquiring an additional 11,964 shares during the last quarter. Finally, Topsail Wealth Management LLC lifted its stake in Vanguard Total Bond Market ETF by 4.9% in the first quarter. Topsail Wealth Management LLC now owns 178,390 shares of the company’s stock worth $13,137,000 after acquiring an additional 8,279 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1%

NASDAQ BND opened at $73.67 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23. The firm has a 50 day moving average of $73.31 and a two-hundred day moving average of $73.84.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.2473 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.