Archer Investment Corp Grows Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Archer Investment Corp raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,824 shares of the company’s stock after buying an additional 411 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,113,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Empowered Funds LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter worth $7,643,000. Signature Estate & Investment Advisors LLC boosted its stake in Vanguard Total Bond Market ETF by 6.2% during the third quarter. Signature Estate & Investment Advisors LLC now owns 15,205 shares of the company’s stock valued at $1,142,000 after buying an additional 881 shares in the last quarter. Vectors Research Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 19.3% during the third quarter. Vectors Research Management LLC now owns 185,633 shares of the company’s stock worth $13,943,000 after buying an additional 29,983 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 18.7% during the third quarter. Oak Harbor Wealth Partners LLC now owns 7,756 shares of the company’s stock valued at $583,000 after purchasing an additional 1,222 shares during the last quarter. Finally, Endowment Wealth Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 5.1% during the third quarter. Endowment Wealth Management Inc. now owns 17,648 shares of the company’s stock valued at $1,326,000 after acquiring an additional 853 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.2 %

NASDAQ:BND traded down $0.17 during mid-day trading on Friday, reaching $72.29. The stock had a trading volume of 310,719 shares, compared to its average volume of 6,499,969. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The business’s 50 day moving average is $74.07 and its 200 day moving average is $73.19.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.2276 per share. The ex-dividend date was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.78%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly 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.