Burkett Asset Management Ltd Buys Shares of 19,995 Vanguard Total Bond Market ETF $BND

Burkett Asset Management Ltd bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 19,995 shares of the company’s stock, valued at approximately $1,481,000. Vanguard Total Bond Market ETF comprises about 1.5% of Burkett Asset Management Ltd’s investment portfolio, making the stock its 23rd largest holding.

Several other institutional investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after acquiring an additional 227,732 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $524,000. BlueStem Wealth Partners LLC grew its position in 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 buying an additional 14,988 shares in the last quarter. Armstrong Advisory Group Inc. lifted 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 valued at $93,296,000 after acquiring an additional 46,340 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after acquiring an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.33 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The firm has a 50-day moving average of $73.38 and a two-hundred day moving average of $73.93.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.