Thrivent Financial for Lutherans Buys 90,101 Shares of Vanguard Total Bond Market ETF $BND

Thrivent Financial for Lutherans increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 599.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,129 shares of the company’s stock after buying an additional 90,101 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Total Bond Market ETF were worth $7,818,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. Brighton Jones LLC lifted its position in Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after purchasing an additional 18,677 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Vanguard Total Bond Market ETF by 19.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.1% during the 2nd quarter. Valmark Advisers Inc. now owns 37,155 shares of the company’s stock worth $2,736,000 after acquiring an additional 2,143 shares during the period. Peak Financial Management Inc. bought a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth approximately $245,000. Finally, Allegiance Financial Group Advisory Services LLC boosted its position in shares of Vanguard Total Bond Market ETF by 9.4% during the 2nd quarter. Allegiance Financial Group Advisory Services LLC now owns 34,249 shares of the company’s stock worth $2,522,000 after acquiring an additional 2,955 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $74.22 on Friday. The firm has a 50 day simple moving average of $74.19 and a two-hundred day simple moving average of $74.16. Vanguard Total Bond Market ETF has a one year low of $71.41 and a one year high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a dividend of $0.2455 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, February 2nd.

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.