Piedmont Capital Management LLC Purchases 1,089 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Piedmont Capital Management LLC lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,320 shares of the company’s stock after purchasing an additional 1,089 shares during the quarter. Vanguard Total Bond Market ETF comprises 0.6% of Piedmont Capital Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Piedmont Capital Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $958,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $25,000. Christopher J. Hasenberg Inc purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $31,000. Golden State Wealth Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $34,000. Sound Income Strategies LLC grew its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares during the last quarter. Finally, YANKCOM Partnership bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $45,000.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.18 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $70.50 and a 12 month high of $75.67. The business’s fifty day simple moving average is $72.98 and its two-hundred day simple moving average is $72.74.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a $0.2404 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $2.88 dividend on an annualized basis and a yield of 3.94%.

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.