Prospect Financial Group LLC Invests $5.64 Million in Vanguard Total International Bond ETF (NASDAQ:BNDX)

Prospect Financial Group LLC purchased a new stake in shares of Vanguard Total International Bond ETF (NASDAQ:BNDX) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 114,938 shares of the company’s stock, valued at approximately $5,638,000. Vanguard Total International Bond ETF comprises about 6.9% of Prospect Financial Group LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other hedge funds also recently added to or reduced their stakes in the company. Modern Wealth Management LLC grew its stake in shares of Vanguard Total International Bond ETF by 10.8% during the fourth quarter. Modern Wealth Management LLC now owns 6,864 shares of the company’s stock valued at $339,000 after buying an additional 671 shares during the last quarter. CoreFirst Bank & Trust purchased a new position in Vanguard Total International Bond ETF during the 4th quarter valued at $96,000. Congress Wealth Management LLC DE grew its position in Vanguard Total International Bond ETF by 22.0% in the 4th quarter. Congress Wealth Management LLC DE now owns 20,011 shares of the company’s stock valued at $982,000 after acquiring an additional 3,609 shares during the last quarter. Clune & Associates LTD. purchased a new stake in Vanguard Total International Bond ETF in the fourth quarter worth $3,875,000. Finally, Vanguard Group Inc. lifted its position in shares of Vanguard Total International Bond ETF by 13.1% during the fourth quarter. Vanguard Group Inc. now owns 59,863,864 shares of the company’s stock worth $2,936,322,000 after purchasing an additional 6,911,474 shares during the last quarter.

Vanguard Total International Bond ETF Price Performance

Shares of BNDX opened at $48.61 on Tuesday. The firm has a fifty day moving average price of $48.94 and a 200-day moving average price of $49.58. Vanguard Total International Bond ETF has a 12-month low of $48.19 and a 12-month high of $50.70.

Vanguard Total International Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.095 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Total International Bond ETF Profile

The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an investment-grade, non-USD denominated bond index, hedged against currency fluctuations for US investors. BNDX was launched on Jun 4, 2013 and is managed by Vanguard.