Sugarloaf Wealth Management LLC Has $9.86 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sugarloaf Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 137,139 shares of the company’s stock after purchasing an additional 4,076 shares during the quarter. Vanguard Total Bond Market ETF makes up 1.7% of Sugarloaf Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. Sugarloaf Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,862,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. HBW Advisory Services LLC grew its position in shares of Vanguard Total Bond Market ETF by 3.1% in the fourth quarter. HBW Advisory Services LLC now owns 25,117 shares of the company’s stock valued at $1,806,000 after purchasing an additional 752 shares during the last quarter. Marotta Asset Management boosted its stake in Vanguard Total Bond Market ETF by 3.2% during the 4th quarter. Marotta Asset Management now owns 24,584 shares of the company’s stock valued at $1,769,000 after purchasing an additional 768 shares during the period. Cumberland Advisors Inc. grew its holdings in Vanguard Total Bond Market ETF by 3.6% in the 4th quarter. Cumberland Advisors Inc. now owns 13,075 shares of the company’s stock valued at $940,000 after buying an additional 455 shares during the last quarter. Benchmark Wealth Management LLC increased its position in Vanguard Total Bond Market ETF by 2.1% in the 4th quarter. Benchmark Wealth Management LLC now owns 352,642 shares of the company’s stock worth $25,358,000 after buying an additional 7,118 shares during the period. Finally, Bath Savings Trust Co lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.4% during the fourth quarter. Bath Savings Trust Co now owns 26,727 shares of the company’s stock worth $1,922,000 after buying an additional 1,362 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.5 %

Shares of BND traded down $0.36 during mid-day trading on Friday, hitting $71.25. The company’s stock had a trading volume of 6,231,115 shares, compared to its average volume of 6,674,710. The stock’s 50-day moving average is $72.60 and its two-hundred day moving average is $73.41. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.2334 dividend. The ex-dividend date was Tuesday, December 24th. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.