NewEdge Wealth LLC Grows Position in Vanguard Total Bond Market ETF $BND

NewEdge Wealth LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 199,678 shares of the company’s stock after purchasing an additional 18,496 shares during the quarter. NewEdge Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $14,704,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of BND. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth $26,000. CKW Financial Group purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth $28,000. Whittier Trust Co. of Nevada Inc. lifted its position in Vanguard Total Bond Market ETF by 159.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after acquiring an additional 238 shares during the period. Finally, Kelleher Financial Advisors acquired a new stake in Vanguard Total Bond Market ETF during the 3rd quarter worth about $32,000.

Vanguard Total Bond Market ETF Trading Down 0.2%

Vanguard Total Bond Market ETF stock opened at $72.40 on Thursday. The business’s 50-day simple moving average is $73.05 and its two-hundred day simple moving average is $73.68. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2445 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis 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.