GPS Wealth Strategies Group LLC Has $547,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

GPS Wealth Strategies Group LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,587 shares of the company’s stock after acquiring an additional 530 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Marquette Asset Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $30,000. Lee Financial Co acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $31,000. CVA Family Office LLC grew its stake in Vanguard Total Bond Market ETF by 443.3% in the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after buying an additional 399 shares during the last quarter. ORG Partners LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth $42,000. Finally, Heritage Wealth Advisors acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $42,000.

Vanguard Total Bond Market ETF Trading Down 0.5 %

Shares of NASDAQ:BND traded down $0.39 during midday trading on Thursday, hitting $74.01. The company’s stock had a trading volume of 1,792,812 shares, compared to its average volume of 6,798,906. The stock’s 50 day simple moving average is $72.80 and its 200 day simple moving average is $72.21. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.80.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were issued a $0.2239 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $2.69 dividend on an annualized basis and a yield of 3.63%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21.

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.