Retirement Systems of Alabama Purchases 257,023 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Retirement Systems of Alabama boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,868,718 shares of the company’s stock after acquiring an additional 257,023 shares during the quarter. Retirement Systems of Alabama owned 0.12% of Vanguard Total Bond Market ETF worth $140,359,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BND. Anfield Capital Management LLC increased its position in Vanguard Total Bond Market ETF by 4,650.0% in the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after buying an additional 465 shares in the last quarter. Ridgewood Investments LLC bought a new stake in Vanguard Total Bond Market ETF during the second quarter valued at about $38,000. Family Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter valued at about $40,000. American National Bank bought a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth about $44,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth about $46,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.88 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The business’s 50 day moving average is $73.23 and its 200 day moving average is $73.42.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2276 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.75%.

Vanguard Total Bond Market ETF Company 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.