Vanguard Total Bond Market ETF $BND is Members Wealth LLC’s 4th Largest Position

Members Wealth LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 38.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,217 shares of the company’s stock after buying an additional 32,923 shares during the quarter. Vanguard Total Bond Market ETF comprises about 5.6% of Members Wealth LLC’s holdings, making the stock its 4th largest position. Members Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,863,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BND. CKW Financial Group purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $28,000. Orion Capital Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $32,000. Kelleher Financial Advisors purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $32,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $43,000. Finally, Westfuller Advisors LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $46,000.

Vanguard Total Bond Market ETF Trading Down 0.2%

BND opened at $73.73 on Friday. The stock has a 50-day moving average price of $74.03 and a 200-day moving average price of $74.25. Vanguard Total Bond Market ETF has a 12-month low of $71.76 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a $0.25 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly 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.