Cordant Inc. Grows Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cordant Inc. raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,597 shares of the company’s stock after acquiring an additional 1,206 shares during the quarter. Vanguard Total Bond Market ETF makes up about 0.3% of Cordant Inc.’s holdings, making the stock its 28th biggest holding. Cordant Inc.’s holdings in Vanguard Total Bond Market ETF were worth $558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Ameriflex Group Inc. purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $27,000. Park Square Financial Group LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $37,000. Proathlete Wealth Management LLC acquired a new stake in Vanguard Total Bond Market ETF during the first quarter worth approximately $39,000. Physician Wealth Advisors Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $46,000. Finally, Mpwm Advisory Solutions LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $48,000.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of NASDAQ:BND opened at $72.88 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $71.10 and a 12 month high of $75.67. The company’s fifty day moving average price is $72.60 and its 200 day moving average price is $72.59.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a dividend of $0.2403 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

Vanguard Total Bond Market ETF 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.