Modern Wealth Management LLC Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Modern Wealth Management LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 82,462 shares of the company’s stock after buying an additional 10,927 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $5,967,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Quent Capital LLC purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $25,000. Christopher J. Hasenberg Inc acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $31,000. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $34,000. Sound Income Strategies LLC grew its position in shares of Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after acquiring an additional 146 shares during the period. Finally, YANKCOM Partnership purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $45,000.

Vanguard Total Bond Market ETF Stock Down 0.4 %

NASDAQ BND opened at $73.00 on Tuesday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The stock has a 50-day moving average of $72.64 and a 200 day moving average of $73.10.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date was Monday, March 3rd.

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.