Vanguard Total Bond Market ETF $BND Shares Bought by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 388,581 shares of the company’s stock after buying an additional 8,312 shares during the quarter. Vanguard Total Bond Market ETF makes up 5.5% of Prestige Wealth Management Group LLC’s portfolio, making the stock its 3rd largest position. Prestige Wealth Management Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $28,782,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CKW Financial Group acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $28,000. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at $32,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $43,000. Kingdom Financial Group LLC. acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth about $43,000. Finally, TCTC Holdings LLC acquired a new stake in Vanguard Total Bond Market ETF in the third quarter worth about $51,000.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of BND stock opened at $73.16 on Friday. The stock has a 50-day moving average price of $73.42 and a 200 day moving average price of $73.98. Vanguard Total Bond Market ETF has a 12 month low of $72.19 and a 12 month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.2473 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, June 1st.

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.