Dynamic Wealth Strategies LLC Raises Stake in Vanguard Total Bond Market ETF $BND

Dynamic Wealth Strategies LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.8% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 225,615 shares of the company’s stock after buying an additional 16,347 shares during the quarter. Vanguard Total Bond Market ETF comprises about 9.6% of Dynamic Wealth Strategies LLC’s portfolio, making the stock its largest holding. Dynamic Wealth Strategies LLC’s holdings in Vanguard Total Bond Market ETF were worth $16,614,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. DiPaolo Financial Group Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $1,506,000. Flower City Capital acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth approximately $690,000. Five Pine Wealth Management increased its stake in Vanguard Total Bond Market ETF by 5.0% during the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after acquiring an additional 14,798 shares during the period. Vestment Financial LLC bought a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $1,168,000. Finally, Vanguard Group Inc. increased its stake in Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after acquiring an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.2%

NASDAQ:BND opened at $72.40 on Thursday. The stock has a fifty day moving average price of $73.05 and a 200-day moving average price of $73.68. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.