Meritas Wealth Management LLC Increases Stock Holdings in Vanguard Total Bond Market ETF $BND

Meritas Wealth Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 89,826 shares of the company’s stock after buying an additional 8,397 shares during the period. Vanguard Total Bond Market ETF comprises about 3.2% of Meritas Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Meritas Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,653,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Charis Legacy Partners LLC raised its holdings in Vanguard Total Bond Market ETF by 20.9% during the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after acquiring an additional 9,519 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 6.1% in the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after acquiring an additional 227,732 shares during the period. Alesco Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 14.9% in the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after purchasing an additional 294,238 shares in the last quarter. Estate Counselors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 6.3% during the 3rd quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock valued at $14,507,000 after purchasing an additional 11,590 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in Vanguard Total Bond Market ETF by 1.4% during the 3rd quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after purchasing an additional 6,843 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $73.11 on Monday. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.23. The business has a 50-day simple moving average of $74.22 and a two-hundred day simple moving average of $74.34.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.2278 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

Vanguard Total Bond Market ETF 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.