Archer Investment Corp Has $1.11 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Archer Investment Corp raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.9% during the third quarter, Holdings Channel reports. The firm owned 14,824 shares of the company’s stock after purchasing an additional 411 shares during the period. Archer Investment Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,113,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after purchasing an additional 8,691,058 shares during the period. Arizona PSPRS Trust bought a new position in shares of Vanguard Total Bond Market ETF during the second quarter valued at $472,909,000. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after purchasing an additional 6,253,040 shares in the last quarter. Axiom Advisory LLC boosted its holdings in Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after purchasing an additional 4,794,485 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Vanguard Total Bond Market ETF by 123.9% in the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock worth $349,154,000 after buying an additional 2,660,678 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

BND traded down $0.17 during trading on Friday, reaching $72.29. 310,719 shares of the company traded hands, compared to its average volume of 6,499,969. The firm has a fifty day simple moving average of $74.07 and a 200 day simple moving average of $73.19. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.2276 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change 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 yield of 3.78%.

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.