CIBC Private Wealth Group LLC Boosts Holdings in Vanguard Total Bond Market ETF $BND

CIBC Private Wealth Group LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 257.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 14,945 shares of the company’s stock after purchasing an additional 10,768 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,111,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BND. Orion Capital Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $32,000. Kelleher Financial Advisors bought a new position in shares of Vanguard Total Bond Market ETF during the third quarter worth $32,000. Elevation Point Wealth Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF during the second quarter worth $44,000. Westfuller Advisors LLC purchased a new position in Vanguard Total Bond Market ETF during the third quarter valued at $46,000. Finally, Highline Wealth Partners LLC grew its stake in Vanguard Total Bond Market ETF by 31,250.0% during the third quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock valued at $47,000 after acquiring an additional 625 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.8%

Shares of NASDAQ BND opened at $73.17 on Monday. Vanguard Total Bond Market ETF has a 52-week low of $71.41 and a 52-week high of $75.23. The firm’s fifty day moving average is $74.32 and its two-hundred day moving average is $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.2278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.