Vanguard Total Bond Market ETF $BND is Trellis Wealth Advisors LLC’s 7th Largest Position

Trellis Wealth Advisors LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 21.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 178,888 shares of the company’s stock after buying an additional 31,476 shares during the period. Vanguard Total Bond Market ETF makes up about 5.2% of Trellis Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Trellis Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $13,250,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $28,000. Orion Capital Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $32,000. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $32,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $43,000. Finally, Westfuller Advisors LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Stock Up 0.4%

Shares of BND opened at $74.06 on Friday. The company has a 50 day moving average price of $74.08 and a 200-day moving average price of $74.26. Vanguard Total Bond Market ETF has a fifty-two week low of $71.76 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a $0.25 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, April 1st. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.