NewSquare Capital LLC Has $29.22 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

NewSquare Capital LLC raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 406,364 shares of the company’s stock after purchasing an additional 13,799 shares during the quarter. Vanguard Total Bond Market ETF comprises about 2.3% of NewSquare Capital LLC’s investment portfolio, making the stock its 8th biggest holding. NewSquare Capital LLC’s holdings in Vanguard Total Bond Market ETF were worth $29,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Quent Capital LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth $25,000. Christopher J. Hasenberg Inc purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth $31,000. Sound Income Strategies LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $34,000. Finally, YANKCOM Partnership purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $45,000.

Vanguard Total Bond Market ETF Trading Down 0.3 %

BND opened at $73.40 on Wednesday. The stock has a 50-day moving average of $72.24 and a 200 day moving average of $73.25. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a $0.2195 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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.