Park Avenue Securities LLC Buys 4,511 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Park Avenue Securities LLC grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,844 shares of the company’s stock after buying an additional 4,511 shares during the quarter. Park Avenue Securities LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,185,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BND. Paulson Wealth Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 3.7% in the fourth quarter. Paulson Wealth Management Inc. now owns 3,990 shares of the company’s stock valued at $293,000 after acquiring an additional 141 shares in the last quarter. Security Financial Services INC. increased its position in Vanguard Total Bond Market ETF by 0.4% in the 1st quarter. Security Financial Services INC. now owns 36,527 shares of the company’s stock valued at $2,653,000 after acquiring an additional 150 shares during the period. Family CFO Inc increased its position in Vanguard Total Bond Market ETF by 8.4% during the 1st quarter. Family CFO Inc now owns 1,943 shares of the company’s stock worth $141,000 after purchasing an additional 151 shares during the period. HB Wealth Management LLC increased its position in Vanguard Total Bond Market ETF by 0.5% during the 1st quarter. HB Wealth Management LLC now owns 30,047 shares of the company’s stock worth $2,182,000 after purchasing an additional 160 shares during the period. Finally, Your Advocates Ltd. LLP boosted its stake in shares of Vanguard Total Bond Market ETF by 33.3% during the 4th quarter. Your Advocates Ltd. LLP now owns 653 shares of the company’s stock worth $48,000 after acquiring an additional 163 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

Shares of Vanguard Total Bond Market ETF stock traded down $0.18 during trading hours on Wednesday, reaching $73.70. 5,907,197 shares of the company’s stock were exchanged, compared to its average volume of 6,887,277. The company has a fifty day moving average of $72.53 and a 200-day moving average of $72.15. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.80.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were given a dividend of $0.2239 per share. This represents a $2.69 annualized dividend and a yield of 3.65%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date was Thursday, August 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.