Paragon Capital Management Ltd boosted its holdings in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 110.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 6,535 shares of the company’s stock after acquiring an additional 3,436 shares during the quarter. Paragon Capital Management Ltd’s holdings in Vanguard Total Bond Market ETF were worth $531,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BND. Pathlight Investors LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $306,000. Liberty Wealth Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $143,000. Magnus Financial Group LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $280,000. Proffitt & Goodson Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 18.6% during the 1st quarter. Proffitt & Goodson Inc. now owns 31,041 shares of the company’s stock worth $2,520,000 after purchasing an additional 4,861 shares during the period. Finally, Ackerman Capital Advisors LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $7,225,000.

Shares of NYSEARCA BND traded up $0.15 during mid-day trading on Friday, reaching $80.74. 1,877,520 shares of the company’s stock were exchanged, compared to its average volume of 2,552,542. Vanguard Total Bond Market ETF has a 52 week low of $77.46 and a 52 week high of $81.31.

The firm also recently announced a monthly dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.195 per share. This represents a $2.34 dividend on an annualized basis and a dividend yield of 2.90%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend is Wednesday, May 1st.

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About Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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