Arizona PSPRS Trust Buys 59,774 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Arizona PSPRS Trust lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,623,391 shares of the company’s stock after buying an additional 59,774 shares during the period. Vanguard Total Bond Market ETF makes up approximately 19.8% of Arizona PSPRS Trust’s investment portfolio, making the stock its 2nd biggest holding. Arizona PSPRS Trust’s holdings in Vanguard Total Bond Market ETF were worth $497,483,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Essex Financial Services Inc. grew its holdings in Vanguard Total Bond Market ETF by 4.9% during the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after acquiring an additional 140 shares during the period. Cahaba Wealth Management Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after purchasing an additional 142 shares during the period. Hill Investment Group Partners LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock valued at $1,277,000 after purchasing an additional 144 shares in the last quarter. Towneley Capital Management Inc DE lifted its stake in shares of Vanguard Total Bond Market ETF by 4.7% in the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after purchasing an additional 145 shares during the period. Finally, Cypress Point Wealth Management LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 0.7% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after purchasing an additional 145 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.60 on Monday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The firm’s fifty day moving average is $73.54 and its 200 day moving average is $73.34.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2276 dividend. This represents a $2.73 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.