LCW Services LLC Takes $11.48 Million Position in Vanguard Total Bond Market ETF $BND

LCW Services LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 154,947 shares of the company’s stock, valued at approximately $11,477,000. Vanguard Total Bond Market ETF makes up about 6.1% of LCW Services LLC’s portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in BND. Brighton Jones LLC increased its position in shares of Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after acquiring an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 19.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after acquiring an additional 530 shares in the last quarter. Amundi increased its position in shares of Vanguard Total Bond Market ETF by 54.6% during the second quarter. Amundi now owns 53,192 shares of the company’s stock valued at $3,897,000 after acquiring an additional 18,792 shares in the last quarter. State Street Corp increased its position in shares of Vanguard Total Bond Market ETF by 10.8% during the second quarter. State Street Corp now owns 7,757,324 shares of the company’s stock valued at $571,172,000 after acquiring an additional 759,261 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its position in shares of Vanguard Total Bond Market ETF by 122.0% during the second quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock valued at $2,355,000 after acquiring an additional 17,576 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.83 on Friday. The firm has a 50 day moving average of $73.40 and a 200 day moving average of $73.97. Vanguard Total Bond Market ETF has a twelve month low of $72.19 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.