Avestar Capital LLC Takes $330,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Avestar Capital LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,399 shares of the company’s stock, valued at approximately $330,000.

A number of other hedge funds have also bought and sold shares of the business. Creative Planning raised its position in shares of Vanguard Total Bond Market ETF by 8.6% in the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock valued at $6,886,569,000 after buying an additional 7,248,297 shares in the last quarter. Axiom Advisory LLC increased its stake in Vanguard Total Bond Market ETF by 20.7% during the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after acquiring an additional 4,794,485 shares during the period. Allworth Financial LP raised its holdings in Vanguard Total Bond Market ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock valued at $1,326,248,000 after acquiring an additional 417,578 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the 2nd quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock worth $913,244,000 after purchasing an additional 746,645 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $73.33 on Thursday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The stock’s fifty day moving average is $73.61 and its 200 day moving average is $73.30.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.2276 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.73%. The ex-dividend date was Friday, November 1st.

About Vanguard Total Bond Market ETF

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.