PFG Investments LLC Increases Stake in Vanguard Total International Bond ETF

PFG Investments LLC has increased its holdings in the Vanguard Total International Bond ETF (NASDAQ:BNDX) by 6.6% during the third quarter of 2024, according to recent reports. After acquiring an additional 1,016 shares, the institutional investor now owns a total of 16,389 shares of this ETF. The total value of PFG Investments LLC's position in the Vanguard Total International Bond ETF stands at $824,000 following this acquisition.

In addition to PFG Investments, other institutional investors and hedge funds have also been adjusting their positions in the Vanguard Total International Bond ETF. For instance, Chris Bulman Inc established a new position worth $25,000 in the second quarter. Similarly, Quent Capital LLC acquired a stake valued at around $28,000 in the first quarter, while Central Pacific Bank Trust Division purchased shares worth approximately $32,000 during the same period. Gradient Investments LLC increased its stake by 32.4% in the second quarter, now holding 911 shares valued at $44,000 after acquiring an additional 223 shares. GHP Investment Advisors Inc. also entered the market with a new position worth about $57,000 in the second quarter.

Performance of Vanguard Total International Bond ETF

On Monday, shares of the Vanguard Total International Bond ETF opened at a price of $49.98. Throughout the past year, the ETF has reached a low of $47.60 and a high of $51.04. Currently, it has a 50-day moving average price of $50.06, alongside a 200-day moving average of $49.30, indicating a stable trading pattern.

Recent Dividend Announcement

The Vanguard Total International Bond ETF recently announced an increase in its dividend. It declared a dividend payment on Thursday, September 5, 2024. Shareholders who were on record as of Tuesday, September 3, received a dividend distribution of $0.1011 per share. This marks a positive shift from the previous dividend of $0.10 that was distributed.

About Vanguard Total International Bond ETF

The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund primarily focused on investing in investment-grade fixed income securities. It aims to track an investment-grade, non-USD denominated bond index while providing hedging against currency fluctuations for US investors. Since its launch on June 4, 2013, it has been managed by Vanguard.

investments, bonds, ETFs