AllGen Financial Advisors Inc. Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

AllGen Financial Advisors Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 276,098 shares of the company’s stock, valued at approximately $19,893,000. Vanguard Total Bond Market ETF accounts for about 7.5% of AllGen Financial Advisors Inc.’s holdings, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of BND. Mittelman Wealth Management purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth approximately $288,000. Chandler Asset Management Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 3.8% during the 2nd quarter. Chandler Asset Management Inc. now owns 1,321,772 shares of the company’s stock valued at $95,234,000 after buying an additional 48,950 shares in the last quarter. Carolinas Wealth Consulting LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 10.7% in the second quarter. Carolinas Wealth Consulting LLC now owns 7,567 shares of the company’s stock worth $545,000 after acquiring an additional 730 shares during the period. G2 Capital Management LLC OH raised its position in shares of Vanguard Total Bond Market ETF by 11.1% during the second quarter. G2 Capital Management LLC OH now owns 393,358 shares of the company’s stock valued at $28,341,000 after buying an additional 39,261 shares during the last quarter. Finally, Financial & Tax Architects LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth $10,579,000.

Vanguard Total Bond Market ETF Stock Down 0.3 %

BND opened at $75.31 on Thursday. The company has a fifty day moving average of $74.08 and a 200 day moving average of $72.63. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.2255 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.