McCarthy Asset Management Inc. Has $7.60 Million Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

McCarthy Asset Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 858.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 105,678 shares of the company’s stock after buying an additional 94,650 shares during the quarter. Vanguard Total Bond Market ETF comprises 5.4% of McCarthy Asset Management Inc.’s portfolio, making the stock its 6th largest holding. McCarthy Asset Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $7,599,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of BND. N.E.W. Advisory Services LLC boosted its stake in Vanguard Total Bond Market ETF by 36.7% during the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock valued at $26,322,000 after buying an additional 98,201 shares during the period. Joel Adams & Associates Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,459,000. Betterment LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 5.4% in the 4th quarter. Betterment LLC now owns 1,679,216 shares of the company’s stock valued at $120,752,000 after acquiring an additional 86,538 shares in the last quarter. Truist Financial Corp boosted its position in shares of Vanguard Total Bond Market ETF by 115.3% during the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock valued at $160,426,000 after acquiring an additional 1,194,696 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 37.2% during the fourth quarter. Victory Capital Management Inc. now owns 346,882 shares of the company’s stock worth $24,944,000 after purchasing an additional 94,112 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.33 on Wednesday. The company’s 50 day moving average is $72.84 and its 200 day moving average is $72.65. Vanguard Total Bond Market ETF has a 1-year low of $70.97 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, May 1st were given a dividend of $0.2364 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $2.84 annualized dividend and a yield of 3.92%.

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.