Sherman Porfolios LLC Boosts Stock Position in Vanguard Total Bond Market ETF $BND

Sherman Porfolios LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 220,497 shares of the company’s stock after acquiring an additional 31,235 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 5.9% of Sherman Porfolios LLC’s investment portfolio, making the stock its 6th largest holding. Sherman Porfolios LLC’s holdings in Vanguard Total Bond Market ETF were worth $16,398,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Orion Capital Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at about $32,000. Kelleher Financial Advisors bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $32,000. Elevation Point Wealth Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the 2nd quarter worth approximately $44,000. Westfuller Advisors LLC acquired a new stake in Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $46,000. Finally, Highline Wealth Partners LLC raised its holdings 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 worth $47,000 after buying an additional 625 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.4%

Shares of BND opened at $73.68 on Thursday. Vanguard Total Bond Market ETF has a twelve month low of $71.41 and a twelve month high of $75.23. The firm’s 50 day moving average price is $74.35 and its two-hundred day moving average price is $74.37.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.2278 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.