BIP Wealth LLC Raises Position in Vanguard Total Bond Market ETF $BND

BIP Wealth LLC grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 393,709 shares of the company’s stock after purchasing an additional 64,073 shares during the period. Vanguard Total Bond Market ETF makes up about 1.0% of BIP Wealth LLC’s portfolio, making the stock its 15th biggest holding. BIP Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $29,162,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BND. Orion Capital Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at $32,000. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at $32,000. Westfuller Advisors LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at $46,000. Highline Wealth Partners LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 31,250.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock valued at $47,000 after purchasing an additional 625 shares during the last quarter. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at $50,000.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of BND opened at $73.58 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.23. The stock has a fifty day moving average price of $74.13 and a 200-day moving average price of $74.29.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.1%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.