Accredited Wealth Management LLC Purchases Shares of 23,927 Vanguard Total Bond Market ETF (NASDAQ:BND)

Accredited Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,927 shares of the company’s stock, valued at approximately $1,721,000. Vanguard Total Bond Market ETF makes up about 1.5% of Accredited Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position.

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

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.70 on Friday. The company has a 50-day simple moving average of $73.03 and a two-hundred day simple moving average of $72.72. Vanguard Total Bond Market ETF has a one year low of $70.97 and a one year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, May 5th. Stockholders of record on Thursday, May 1st will be paid a $0.2364 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend is Thursday, May 1st.

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.