CacheTech Inc. Buys Shares of 8,609 Vanguard Total Bond Market ETF $BND

CacheTech Inc. bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,609 shares of the company’s stock, valued at approximately $634,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BND. DiPaolo Financial Group Inc. bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $1,506,000. Flower City Capital bought a new position in Vanguard Total Bond Market ETF during the 4th quarter worth about $690,000. Five Pine Wealth Management increased its holdings in Vanguard Total Bond Market ETF by 5.0% during the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after purchasing an additional 14,798 shares in the last quarter. Vestment Financial LLC bought a new position in Vanguard Total Bond Market ETF during the 4th quarter worth about $1,168,000. Finally, Vanguard Group Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.51 on Wednesday. The stock’s 50-day moving average is $73.07 and its 200-day moving average is $73.69. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.2445 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 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.