Turtle Creek Wealth Advisors LLC Invests $699,000 in Vanguard Total Bond Market ETF $BND

Turtle Creek Wealth Advisors LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, HoldingsChannel reports. The firm purchased 9,491 shares of the company’s stock, valued at approximately $699,000.

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

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.11 on Friday. The company has a 50-day simple moving average of $73.25 and a 200-day simple moving average 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 company also recently announced a monthly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend 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.