Hamilton Wealth LLC Sells 1,911 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Hamilton Wealth LLC reduced its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 68,950 shares of the company’s stock after selling 1,911 shares during the quarter. Vanguard Total Bond Market ETF makes up about 1.6% of Hamilton Wealth LLC’s portfolio, making the stock its 20th biggest holding. Hamilton Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $5,008,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marquette Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF in the 1st quarter valued at $30,000. Lee Financial Co acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $31,000. ORG Partners LLC acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $42,000. Heritage Wealth Advisors acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $42,000. Finally, Creative Capital Management Investments LLC acquired a new position in Vanguard Total Bond Market ETF in the 1st quarter valued at $42,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND traded up $0.84 during midday trading on Friday, hitting $74.41. The company had a trading volume of 6,476,348 shares, compared to its average volume of 6,886,658. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $74.44. The firm has a 50-day moving average price of $72.42 and a 200-day moving average price of $72.14.

Vanguard Total Bond Market ETF Increases Dividend

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

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.