49 Wealth Management LLC Makes New Investment in Vanguard Total Bond Market ETF $BND

49 Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, HoldingsChannel.com reports. The fund purchased 9,587 shares of the company’s stock, valued at approximately $713,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Orion Capital Management LLC acquired a new position in Vanguard Total Bond Market ETF during the 3rd quarter worth $32,000. Financial Gravity Companies Inc. bought a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth about $34,000. Hantz Financial Services Inc. lifted its position 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 worth $42,000 after purchasing an additional 371 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth about $44,000. Finally, Westfuller Advisors LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $46,000.

Vanguard Total Bond Market ETF Stock Up 0.2%

BND opened at $75.17 on Friday. The stock’s 50 day moving average price is $74.36 and its two-hundred day moving average price is $74.33. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.