McLean Asset Management Corp Increases Stock Position in Vanguard Total Bond Market ETF $BND

McLean Asset Management Corp raised its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 90.6% during the first quarter, Holdings Channel.com reports. The firm owned 24,157 shares of the company’s stock after purchasing an additional 11,482 shares during the quarter. McLean Asset Management Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,779,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $26,000. Wilkerson Advisory Group LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $26,000. CKW Financial Group purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $28,000. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $32,000. Finally, FAS Wealth Partners Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 1,064.1% in the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock valued at $34,000 after purchasing an additional 415 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.67 on Monday. The company’s 50-day moving average price is $73.31 and its 200 day moving average price is $73.84. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.