Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 185.5% in the 4th quarter, Holdings Channel reports. The firm owned 193,155 shares of the company’s stock after purchasing an additional 125,500 shares during the period. Waverly Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $13,890,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BND. Quent Capital LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $25,000. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $34,000. Sound Income Strategies LLC grew its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares in the last quarter. YANKCOM Partnership acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $45,000. Finally, Physician Wealth Advisors Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $46,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.46 on Tuesday. The company has a fifty day simple moving average of $72.86 and a two-hundred day simple moving average of $72.65. Vanguard Total Bond Market ETF has a 52 week low of $70.97 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a dividend of $0.2364 per share. The ex-dividend date was Thursday, May 1st. This represents a $2.84 annualized dividend and a dividend yield of 3.91%.

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.