Vanguard Total Bond Market ETF $BND Shares Purchased by Assetmark Inc.

Assetmark Inc. lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,522,669 shares of the company’s stock after acquiring an additional 362,268 shares during the quarter. Vanguard Total Bond Market ETF accounts for 0.7% of Assetmark Inc.’s portfolio, making the stock its 29th largest holding. Assetmark Inc.’s holdings in Vanguard Total Bond Market ETF were worth $336,351,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of BND. Orion Capital Management LLC purchased a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth about $32,000. Financial Gravity Companies Inc. purchased a new stake in Vanguard Total Bond Market ETF in the 2nd quarter worth about $34,000. Hantz Financial Services Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 189.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $42,000 after acquiring an additional 371 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Vanguard Total Bond Market ETF during the second quarter valued at $44,000. Finally, Westfuller Advisors LLC acquired a new position in Vanguard Total Bond Market ETF in the third quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $74.66 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $71.41 and a 1-year high of $75.15. The firm’s fifty day simple moving average is $74.19 and its 200-day simple moving average is $74.21.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a $0.2455 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, February 2nd.

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.