Transce3nd LLC Invests $119,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Transce3nd LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 1,645 shares of the company’s stock, valued at approximately $119,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BND. Barclays PLC raised its stake in shares of Vanguard Total Bond Market ETF by 59.7% in the third quarter. Barclays PLC now owns 374,815 shares of the company’s stock valued at $28,153,000 after acquiring an additional 140,133 shares in the last quarter. McIlrath & Eck LLC raised its position in Vanguard Total Bond Market ETF by 69.8% in the 3rd quarter. McIlrath & Eck LLC now owns 4,877 shares of the company’s stock valued at $366,000 after purchasing an additional 2,005 shares in the last quarter. World Investment Advisors LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 23.4% in the 3rd quarter. World Investment Advisors LLC now owns 37,102 shares of the company’s stock valued at $2,787,000 after buying an additional 7,047 shares during the period. Destination Wealth Management acquired a new position in shares of Vanguard Total Bond Market ETF during the third quarter worth about $475,000. Finally, Franklin Resources Inc. grew its position in shares of Vanguard Total Bond Market ETF by 3,082.1% during the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after buying an additional 3,322,588 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of NASDAQ:BND opened at $72.65 on Monday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The firm’s 50 day moving average price is $72.94 and its 200 day moving average price is $72.78.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.2404 per share. This is a boost 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 3.97%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.