Boston Standard Wealth Management LLC Decreases Stock Holdings in Vanguard Total Bond Market ETF $BND

Boston Standard Wealth Management LLC lessened its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 797,786 shares of the company’s stock after selling 123,099 shares during the quarter. Vanguard Total Bond Market ETF makes up 9.6% of Boston Standard Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Boston Standard Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $58,589,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of BND. USAdvisors Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF by 2.3% during the fourth 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 period. BCO Wealth Management LLC increased its position in Vanguard Total Bond Market ETF by 0.3% in the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after buying an additional 143 shares in the last quarter. Centurion Wealth Management LLC raised its stake in shares of 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 buying an additional 146 shares during the period. Novak & Powell Financial Services Inc. raised its stake in shares of 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 buying an additional 149 shares during the period. Finally, Cornerstone Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 3.6% during 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 in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of NASDAQ:BND opened at $73.60 on Friday. The stock has a 50 day moving average of $73.31 and a 200 day moving average of $73.84. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23.

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 paid a dividend of $0.2473 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.