Elm Partners Management LLC Boosts Position in Vanguard Total Bond Market ETF $BND

Elm Partners Management LLC raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 31.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 570,315 shares of the company’s stock after purchasing an additional 136,872 shares during the period. Vanguard Total Bond Market ETF comprises approximately 2.1% of Elm Partners Management LLC’s portfolio, making the stock its 14th biggest holding. Elm Partners Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $42,414,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Orion Capital Management LLC acquired a new position in Vanguard Total Bond Market ETF during the third quarter worth about $32,000. Financial Gravity Companies Inc. purchased a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth approximately $34,000. Hantz Financial Services Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 189.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock worth $42,000 after purchasing an additional 371 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth approximately $44,000. Finally, Westfuller Advisors LLC purchased a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $46,000.

Vanguard Total Bond Market ETF Trading Down 0.4%

Shares of NASDAQ:BND opened at $73.91 on Tuesday. The business’s fifty day moving average price is $74.24 and its two-hundred day moving average price is $74.16. Vanguard Total Bond Market ETF has a one year low of $71.41 and a one year high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be given a dividend of $0.2455 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Monday, February 2nd.

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.