Steelhead Wealth Management LLC Acquires New Position in Vanguard Total Bond Market ETF $BND

Steelhead Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 64,216 shares of the company’s stock, valued at approximately $4,728,000. Vanguard Total Bond Market ETF makes up approximately 2.4% of Steelhead Wealth Management LLC’s portfolio, making the stock its 11th largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Stillwater Private Wealth LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter valued at about $240,000. Keel Point LLC increased its position in Vanguard Total Bond Market ETF by 1.3% in the 1st quarter. Keel Point LLC now owns 81,191 shares of the company’s stock valued at $5,979,000 after acquiring an additional 1,015 shares during the period. Krane Financial Solutions LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the first quarter valued at $1,910,000. Tenret Co LLC increased its stake in Vanguard Total Bond Market ETF by 1.0% during the 1st quarter. Tenret Co LLC now owns 41,839 shares of the company’s stock valued at $3,081,000 after buying an additional 426 shares during the period. Finally, Security Financial Services INC. raised its holdings in Vanguard Total Bond Market ETF by 5.8% during the first quarter. Security Financial Services INC. now owns 41,110 shares of the company’s stock worth $3,027,000 after purchasing an additional 2,264 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND opened at $72.23 on Monday. The stock’s fifty day moving average is $72.99 and its 200-day moving average is $73.59. Vanguard Total Bond Market ETF has a one year low of $72.13 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.