Vanguard Total Bond Market ETF (NASDAQ:BND) is Schwallier Wealth Management LLC’s 7th Largest Position

Schwallier Wealth Management LLC reduced its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,988 shares of the company’s stock after selling 19,342 shares during the quarter. Vanguard Total Bond Market ETF accounts for 5.5% of Schwallier Wealth Management LLC’s portfolio, making the stock its 7th biggest holding. Schwallier Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,190,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BND. N.E.W. Advisory Services LLC lifted its position in Vanguard Total Bond Market ETF by 36.7% during the 4th quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after acquiring an additional 98,201 shares during the period. Joel Adams & Associates Inc. purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at $1,459,000. Betterment LLC lifted its position in shares of Vanguard Total Bond Market ETF by 5.4% during the 4th quarter. Betterment LLC now owns 1,679,216 shares of the company’s stock worth $120,752,000 after buying an additional 86,538 shares during the last quarter. Truist Financial Corp increased its holdings in shares of Vanguard Total Bond Market ETF by 115.3% in the fourth quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock valued at $160,426,000 after purchasing an additional 1,194,696 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 37.2% during the 4th quarter. Victory Capital Management Inc. now owns 346,882 shares of the company’s stock worth $24,944,000 after acquiring an additional 94,112 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2 %

NASDAQ:BND opened at $73.36 on Tuesday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.50 and a fifty-two week high of $75.67. The firm’s 50 day moving average is $73.00 and its two-hundred day moving average is $72.73.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.2404 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date was Tuesday, April 1st.

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.