Tempo Wealth LLC Takes $11.25 Million Position in Vanguard Total Bond Market ETF $BND

Tempo Wealth LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 151,846 shares of the company’s stock, valued at approximately $11,247,000. Vanguard Total Bond Market ETF accounts for approximately 2.0% of Tempo Wealth LLC’s investment portfolio, making the stock its 13th largest holding.

Other hedge funds have also recently modified their holdings of the company. MidFirst Bank bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $57,000. Ketron Financial bought a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $1,429,000. Astoria Portfolio Advisors LLC. lifted its holdings in Vanguard Total Bond Market ETF by 10.2% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 4,025 shares of the company’s stock worth $302,000 after buying an additional 371 shares during the period. DiPaolo Financial Group Inc. purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $1,506,000. Finally, Stone Wealth Partners purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $215,000.

Vanguard Total Bond Market ETF Trading Up 0.3%

Shares of NASDAQ:BND opened at $73.34 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23. The business’s fifty day simple moving average is $73.35 and its 200-day simple moving average is $73.87.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.2473 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. 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.