7,700 Shares in Vanguard Total Bond Market ETF $BND Purchased by Sendero Wealth Management LLC

Sendero Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, HoldingsChannel reports. The fund bought 7,700 shares of the company’s stock, valued at approximately $570,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Charis Legacy Partners LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 20.9% in the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock worth $4,093,000 after buying an additional 9,519 shares during the last quarter. HighTower Advisors LLC increased its position in Vanguard Total Bond Market ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock valued at $296,769,000 after acquiring an additional 227,732 shares during the last quarter. Alesco Advisors LLC increased its position in Vanguard Total Bond Market ETF by 14.9% during the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after acquiring an additional 294,238 shares during the last quarter. Estate Counselors LLC lifted its holdings in Vanguard Total Bond Market ETF by 6.3% in the third quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock valued at $14,507,000 after acquiring an additional 11,590 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in Vanguard Total Bond Market ETF by 1.4% in the third quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock valued at $37,407,000 after acquiring an additional 6,843 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.11 on Friday. The stock’s 50-day simple moving average is $74.24 and its two-hundred day simple moving average is $74.35. Vanguard Total Bond Market ETF has a 52-week low of $71.41 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.2278 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, March 2nd.

Vanguard Total Bond Market ETF Company 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.