Level Wealth Management LLC Boosts Stock Holdings in Vanguard Total Bond Market ETF $BND

Level Wealth Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 490,003 shares of the company’s stock after buying an additional 68,301 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 16.9% of Level Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Level Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $36,084,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Morgan Stanley grew its position in Vanguard Total Bond Market ETF by 15.0% in the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after acquiring an additional 16,287,510 shares in the last quarter. Creative Planning raised its position in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares during the period. JPMorgan Chase & Co. raised its position in Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the period. Vanguard Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 7,708.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after purchasing an additional 5,169,861 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.11 on Friday. The stock has a 50 day moving average price of $73.25 and a 200-day moving average price of $73.81. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.2445 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, July 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.