Mascagni Wealth Management Inc. Purchases New Shares in Vanguard Total Bond Market ETF (NASDAQ:BND)

Mascagni Wealth Management Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,225 shares of the company’s stock, valued at approximately $88,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BND. Essential Planning LLC. increased its holdings in Vanguard Total Bond Market ETF by 6,541.0% during the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after purchasing an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC increased its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% in the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after buying an additional 28,060,256 shares during the period. Sagespring Wealth Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $1,234,246,000. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 11.3% in the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after buying an additional 10,057,150 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 16.7% in the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after buying an additional 8,312,317 shares during the period.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $72.63 on Friday. The stock has a fifty day moving average of $72.71 and a 200-day moving average of $72.62. Vanguard Total Bond Market ETF has a 52 week low of $71.10 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.