Toews Corp ADV purchased a new stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,262,571 shares of the company’s stock, valued at approximately $102,495,000. Vanguard Total Bond Market ETF makes up approximately 9.5% of Toews Corp ADV’s investment portfolio, making the stock its 2nd largest holding.
A number of other hedge funds also recently bought and sold shares of BND. RiverFront Investment Group LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $173,360,000. Sullivan Bruyette Speros & Blaney LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $169,753,000. Executive Wealth Management LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $134,672,000. Wells Fargo & Company MN raised its position in Vanguard Total Bond Market ETF by 9.8% in the 1st quarter. Wells Fargo & Company MN now owns 15,472,363 shares of the company’s stock valued at $1,256,047,000 after purchasing an additional 1,380,308 shares in the last quarter. Finally, QS Investors LLC raised its position in Vanguard Total Bond Market ETF by 11.4% in the 4th quarter. QS Investors LLC now owns 13,413,969 shares of the company’s stock valued at $1,062,521,000 after purchasing an additional 1,367,873 shares in the last quarter.
BND stock traded up $0.01 during mid-day trading on Friday, reaching $82.40. The company had a trading volume of 2,260,730 shares, compared to its average volume of 2,691,120. Vanguard Total Bond Market ETF has a fifty-two week low of $77.46 and a fifty-two week high of $82.44.
The business also recently declared a monthly dividend, which was paid on Thursday, June 6th. Shareholders of record on Tuesday, June 4th were given a $0.193 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $2.32 dividend on an annualized basis and a yield of 2.81%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.19.
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About Vanguard Total Bond Market ETF
Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.
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