Topsail Wealth Management LLC Boosts Holdings in Vanguard Total Bond Market ETF $BND

Topsail Wealth Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 178,390 shares of the company’s stock after purchasing an additional 8,279 shares during the period. Vanguard Total Bond Market ETF makes up approximately 1.9% of Topsail Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Topsail Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $13,137,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of BND. DiPaolo Financial Group Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $1,506,000. Bright Futures Wealth Management LLC. purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at about $524,000. BlueStem Wealth Partners LLC increased its stake in shares of Vanguard Total Bond Market ETF by 6.1% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock valued at $19,429,000 after purchasing an additional 14,988 shares in the last quarter. Armstrong Advisory Group Inc. raised its holdings in Vanguard Total Bond Market ETF by 3.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after purchasing an additional 46,340 shares during the period. Finally, Five Pine Wealth Management raised its holdings in Vanguard Total Bond Market ETF by 5.0% in the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after purchasing an additional 14,798 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of BND stock opened at $73.60 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23. The business’s 50 day moving average is $73.31 and its two-hundred day moving average is $73.84.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.