Milestone Investment Advisors LLC Increases Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Milestone Investment Advisors LLC grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 350.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,487 shares of the company’s stock after purchasing an additional 1,157 shares during the quarter. Milestone Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $107,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BND. Quent Capital LLC acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $25,000. Christopher J. Hasenberg Inc purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $31,000. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $34,000. Sound Income Strategies LLC grew its position 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 valued at $34,000 after buying an additional 146 shares during the last quarter. Finally, YANKCOM Partnership acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.38 on Thursday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The firm has a fifty day moving average price of $72.83 and a 200 day moving average price of $73.02.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be issued a $0.2404 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 annualized dividend and a dividend yield of 3.93%. The ex-dividend date is Tuesday, April 1st.

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.