Vanguard Total Bond Market ETF (NASDAQ:BND) is Werba Rubin Papier Wealth Management’s 10th Largest Position

Werba Rubin Papier Wealth Management raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 801.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 128,433 shares of the company’s stock after acquiring an additional 114,181 shares during the period. Vanguard Total Bond Market ETF makes up 2.1% of Werba Rubin Papier Wealth Management’s investment portfolio, making the stock its 10th largest holding. Werba Rubin Papier Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $9,433,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriflex Group Inc. purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $27,000. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 96.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock worth $35,000 after purchasing an additional 232 shares during the period. Park Square Financial Group LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $37,000. Proathlete Wealth Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at about $39,000. Finally, Olde Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the first quarter valued at about $39,000.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.12 on Monday. Vanguard Total Bond Market ETF has a 52 week low of $71.10 and a 52 week high of $75.67. The company’s 50-day moving average price is $72.78 and its 200 day moving average price is $72.72.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were paid a dividend of $0.2353 per share. This represents a $2.82 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Tuesday, July 1st.

Vanguard Total Bond Market ETF 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.