Cynosure Group LLC Purchases 45,022 Shares of Vanguard Total Bond Market ETF $BND

Cynosure Group LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) by 233.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 64,348 shares of the company’s stock after buying an additional 45,022 shares during the quarter. Cynosure Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,766,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BND. Hilton Head Capital Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $26,000. CKW Financial Group acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $28,000. Kelleher Financial Advisors acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $32,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $43,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.30 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The stock has a 50 day simple moving average of $73.37 and a 200-day simple moving average of $73.91.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

About Vanguard Total Bond Market ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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