Composition Wealth LLC Has $224.60 Million Position in Vanguard Total Bond Market ETF $BND

Composition Wealth LLC lessened its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.4% in the fourth quarter, HoldingsChannel reports. The firm owned 3,032,282 shares of the company’s stock after selling 352,467 shares during the period. Vanguard Total Bond Market ETF accounts for about 3.2% of Composition Wealth LLC’s holdings, making the stock its 3rd biggest position. Composition Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $224,601,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CKW Financial Group bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at about $28,000. Orion Capital Management LLC bought a new stake in Vanguard Total Bond Market ETF in the third quarter valued at about $32,000. Kelleher Financial Advisors bought a new stake in Vanguard Total Bond Market ETF in the third quarter valued at about $32,000. Steigerwald Gordon & Koch Inc. bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at about $43,000. Finally, Westfuller Advisors LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.36 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $71.76 and a 1 year high of $75.23. The business has a 50-day moving average of $73.91 and a two-hundred day moving average of $74.23.

Vanguard Total Bond Market ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be issued a $0.2417 dividend. The ex-dividend date is Friday, 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.