Vanguard Total Bond Market ETF $BND is Prestige Wealth Management Group LLC’s 3rd Largest Position

Prestige Wealth Management Group LLC lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.7% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 410,884 shares of the company’s stock after purchasing an additional 22,303 shares during the period. Vanguard Total Bond Market ETF comprises approximately 5.9% of Prestige Wealth Management Group LLC’s portfolio, making the stock its 3rd biggest holding. Prestige Wealth Management Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $30,257,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BND. DiPaolo Financial Group Inc. bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $1,506,000. Flower City Capital bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $690,000. Five Pine Wealth Management increased its stake in shares of Vanguard Total Bond Market ETF by 5.0% during the fourth quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock valued at $22,998,000 after buying an additional 14,798 shares during the period. Vestment Financial LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $1,168,000. Finally, Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after buying an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.40 on Thursday. The firm has a 50-day moving average of $73.05 and a 200 day moving average of $73.68. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.