Rothschild Investment LLC Makes New $538,000 Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Rothschild Investment LLC bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the second quarter, Holdings Channel reports. The institutional investor bought 7,473 shares of the company’s stock, valued at approximately $538,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of BND. Marquette Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF during the first quarter worth approximately $30,000. Lee Financial Co purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $31,000. CVA Family Office LLC raised its position in Vanguard Total Bond Market ETF by 443.3% in the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC bought a new stake in Vanguard Total Bond Market ETF in the second quarter worth about $38,000. Finally, Creative Capital Management Investments LLC bought a new position in shares of Vanguard Total Bond Market ETF during the first quarter valued at approximately $42,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $74.36 on Friday. The stock has a 50 day moving average price of $73.32 and a 200 day moving average price of $72.35. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.85.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a dividend of $0.2239 per share. This represents a $2.69 annualized dividend and a dividend yield of 3.61%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date was Thursday, August 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.