PDS Planning Inc Acquires 8,653 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

PDS Planning Inc grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 179,961 shares of the company’s stock after purchasing an additional 8,653 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 1.2% of PDS Planning Inc’s holdings, making the stock its 19th biggest holding. PDS Planning Inc’s holdings in Vanguard Total Bond Market ETF were worth $13,517,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Allspring Global Investments Holdings LLC boosted its stake in Vanguard Total Bond Market ETF by 22.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 283,625 shares of the company’s stock worth $20,600,000 after acquiring an additional 52,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Vanguard Total Bond Market ETF by 37.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 178,815 shares of the company’s stock worth $12,987,000 after acquiring an additional 48,409 shares during the last quarter. Lutz Financial Services LLC boosted its stake in Vanguard Total Bond Market ETF by 2.4% during the 1st quarter. Lutz Financial Services LLC now owns 1,018,741 shares of the company’s stock worth $73,991,000 after acquiring an additional 23,496 shares during the last quarter. Rehmann Capital Advisory Group boosted its stake in Vanguard Total Bond Market ETF by 3.1% during the 1st quarter. Rehmann Capital Advisory Group now owns 47,719 shares of the company’s stock worth $3,466,000 after acquiring an additional 1,430 shares during the last quarter. Finally, TFB Advisors LLC bought a new position in Vanguard Total Bond Market ETF during the 1st quarter worth approximately $410,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock traded up $0.44 during mid-day trading on Monday, hitting $72.98. 1,028,813 shares of the company were exchanged, compared to its average volume of 6,519,119. Vanguard Total Bond Market ETF has a 1-year low of $69.36 and a 1-year high of $75.67. The firm’s 50 day simple moving average is $74.41 and its 200 day simple moving average is $73.10.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be issued a $0.2276 dividend. The ex-dividend date of this dividend is Friday, November 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.74%.

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.