May Hill Capital LLC Makes New $1.24 Million Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

May Hill Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 17,228 shares of the company’s stock, valued at approximately $1,239,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. N.E.W. Advisory Services LLC grew its stake in Vanguard Total Bond Market ETF by 36.7% in the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after purchasing an additional 98,201 shares during the period. Joel Adams & Associates Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,459,000. Truist Financial Corp grew its position in shares of Vanguard Total Bond Market ETF by 115.3% in the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after buying an additional 1,194,696 shares during the period. Global View Capital Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,577,000. Finally, Aurelius Family Office LLC purchased a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $7,595,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.45 on Tuesday. The firm’s 50-day simple moving average is $72.78 and its two-hundred day simple moving average is $73.03. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.