Briggs Wealth Management Inc Takes Position in Vanguard Total Bond Market ETF $BND

Briggs Wealth Management Inc acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 84,184 shares of the company’s stock, valued at approximately $6,236,000. Vanguard Total Bond Market ETF accounts for 6.7% of Briggs Wealth Management Inc’s investment portfolio, making the stock its 2nd biggest position.

A number of other institutional investors have also modified their holdings of BND. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $26,000. CKW Financial Group acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $28,000. Kelleher Financial Advisors acquired a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth $32,000. Finally, FAS Wealth Partners Inc. raised its position in Vanguard Total Bond Market ETF by 1,064.1% during the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock worth $34,000 after acquiring an additional 415 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.3%

BND stock opened at $73.34 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The stock’s 50 day moving average price is $73.35 and its 200 day moving average price is $73.87.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced 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 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.