BIP Wealth LLC Buys 64,073 Shares of Vanguard Total Bond Market ETF $BND

BIP Wealth LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 393,709 shares of the company’s stock after acquiring an additional 64,073 shares during the quarter. Vanguard Total Bond Market ETF makes up about 1.0% of BIP Wealth LLC’s portfolio, making the stock its 15th biggest position. BIP Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $29,162,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Orion Capital Management LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $32,000. Kelleher Financial Advisors bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $32,000. Westfuller Advisors LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $46,000. Highline Wealth Partners LLC boosted its position in Vanguard Total Bond Market ETF by 31,250.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock valued at $47,000 after acquiring an additional 625 shares in the last quarter. Finally, Evolution Wealth Management Inc. bought a new stake in Vanguard Total Bond Market ETF during the 2nd quarter valued at $50,000.

Vanguard Total Bond Market ETF Stock Up 0.1%

Shares of NASDAQ BND opened at $73.58 on Wednesday. The stock’s fifty day simple moving average is $74.13 and its two-hundred day simple moving average is $74.29. 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 Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.25 per share. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.1%.

About Vanguard Total Bond Market ETF

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.