Constellation Investments Inc. Invests $81 Million in Vanguard Total Bond Market ETF $BND

Constellation Investments Inc. purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,100,000 shares of the company’s stock, valued at approximately $81,004,000. Vanguard Total Bond Market ETF comprises 2.7% of Constellation Investments Inc.’s holdings, making the stock its 8th biggest holding. Constellation Investments Inc. owned about 0.05% of Vanguard Total Bond Market ETF at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BND. USAdvisors Wealth Management LLC grew its stake in Vanguard Total Bond Market ETF by 2.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after purchasing an additional 141 shares during the last quarter. BCO Wealth Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 0.3% during the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after buying an additional 143 shares during the last quarter. Centurion Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.9% in the 4th quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after buying an additional 146 shares during the period. Novak & Powell Financial Services Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 1.0% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after buying an additional 149 shares during the period. Finally, Cornerstone Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.6% in the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after buying an additional 152 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.67 on Monday. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23. The stock’s 50-day moving average price is $73.31 and its 200-day moving average price is $73.84.

Vanguard Total Bond Market ETF Cuts Dividend

The business 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. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.