49 Wealth Management LLC Buys Shares of 9,587 Vanguard Total Bond Market ETF $BND

49 Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 9,587 shares of the company’s stock, valued at approximately $713,000.

Other hedge funds have also made changes to their positions in the company. Charis Legacy Partners LLC grew its stake in shares of Vanguard Total Bond Market ETF by 20.9% in the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after buying an additional 9,519 shares in the last quarter. HighTower Advisors LLC lifted its stake in Vanguard Total Bond Market ETF by 6.1% in the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock valued at $296,769,000 after acquiring an additional 227,732 shares during the last quarter. Alesco Advisors LLC lifted its stake in Vanguard Total Bond Market ETF by 14.9% in the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after acquiring an additional 294,238 shares during the last quarter. Estate Counselors LLC grew its position in Vanguard Total Bond Market ETF by 6.3% in the third quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock worth $14,507,000 after acquiring an additional 11,590 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in Vanguard Total Bond Market ETF by 1.4% in the third quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after acquiring an additional 6,843 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $75.17 on Friday. The company’s fifty day moving average is $74.36 and its 200-day moving average is $74.33. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.2455 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, February 2nd.

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.