Cumberland Partners Ltd Has $1.37 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cumberland Partners Ltd decreased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,640 shares of the company’s stock after selling 3,580 shares during the quarter. Cumberland Partners Ltd’s holdings in Vanguard Total Bond Market ETF were worth $1,369,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Wells Fargo & Company MN raised its stake in Vanguard Total Bond Market ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock valued at $1,698,399,000 after buying an additional 1,376,702 shares during the period. Bank of America Corp DE increased its holdings in shares of Vanguard Total Bond Market ETF by 18.0% during the 4th quarter. Bank of America Corp DE now owns 22,339,566 shares of the company’s stock worth $1,606,438,000 after acquiring an additional 3,401,728 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Total Bond Market ETF by 7.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,355,438 shares of the company’s stock valued at $1,463,760,000 after acquiring an additional 1,363,914 shares during the period. Allworth Financial LP lifted its holdings in Vanguard Total Bond Market ETF by 1.0% during the 1st quarter. Allworth Financial LP now owns 19,514,987 shares of the company’s stock valued at $1,423,423,000 after purchasing an additional 193,124 shares during the last quarter. Finally, Sagespring Wealth Partners LLC lifted its holdings in Vanguard Total Bond Market ETF by 1.9% during the 1st quarter. Sagespring Wealth Partners LLC now owns 17,485,429 shares of the company’s stock valued at $1,284,305,000 after purchasing an additional 321,672 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.5%

NASDAQ:BND opened at $73.59 on Friday. The firm’s fifty day moving average price is $72.89 and its two-hundred day moving average price is $72.77. Vanguard Total Bond Market ETF has a one year low of $71.10 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 5th. Shareholders of record on Friday, August 1st will be issued a $0.2419 dividend. The ex-dividend date of this dividend is Friday, August 1st. This represents a c) annualized dividend and a yield of 3.9%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24.

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.