Bristlecone Value Partners LLC Makes New $3.50 Million Investment in Vanguard Total Bond Market ETF $BND

Bristlecone Value Partners LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 47,276 shares of the company’s stock, valued at approximately $3,502,000. Vanguard Total Bond Market ETF accounts for about 4.0% of Bristlecone Value Partners LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. USAdvisors Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after purchasing an additional 141 shares during the period. Centurion Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after purchasing an additional 146 shares during the period. Novak & Powell Financial Services Inc. increased its stake in Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after purchasing an additional 149 shares during the period. Cornerstone Management Inc. increased its stake in Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after purchasing an additional 152 shares during the period. Finally, Evoke Wealth LLC increased its stake in Vanguard Total Bond Market ETF by 0.7% in the fourth quarter. Evoke Wealth LLC now owns 21,983 shares of the company’s stock worth $1,628,000 after purchasing an additional 152 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND opened at $73.24 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23. The business’s fifty day simple moving average is $73.37 and its 200-day simple moving average is $73.92.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.