Focus Partners Wealth Boosts Stock Position in Vanguard Total Bond Market ETF $BND

Focus Partners Wealth increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,050,629 shares of the company’s stock after purchasing an additional 64,257 shares during the period. Focus Partners Wealth owned 0.05% of Vanguard Total Bond Market ETF worth $77,820,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its position in Vanguard Total Bond Market ETF by 99.6% in the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after acquiring an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Vanguard Total Bond Market ETF by 19.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares during the last quarter. Amundi increased its holdings in shares of Vanguard Total Bond Market ETF by 54.6% in the second quarter. Amundi now owns 53,192 shares of the company’s stock valued at $3,897,000 after purchasing an additional 18,792 shares during the period. State Street Corp increased its holdings in shares of Vanguard Total Bond Market ETF by 10.8% in the second quarter. State Street Corp now owns 7,757,324 shares of the company’s stock valued at $571,172,000 after purchasing an additional 759,261 shares during the period. Finally, Main Street Financial Solutions LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 122.0% in the second quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock valued at $2,355,000 after purchasing an additional 17,576 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.24 on Monday. The stock has a 50 day moving average of $73.37 and a 200 day moving average of $73.92. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.2473 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, June 1st.

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.