RW Investment Management LLC Grows Stock Position in Vanguard Total Bond Market ETF $BND

RW Investment Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 39,284 shares of the company’s stock after buying an additional 462 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.4% of RW Investment Management LLC’s holdings, making the stock its 19th largest holding. RW Investment Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,885,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Betterment LLC boosted its position in Vanguard Total Bond Market ETF by 5.4% during the fourth quarter. Betterment LLC now owns 1,679,216 shares of the company’s stock valued at $120,752,000 after purchasing an additional 86,538 shares in the last quarter. First Trust Advisors LP bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $647,000. Sherwood Financial Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $32,455,000. Bare Financial Services Inc boosted its position in Vanguard Total Bond Market ETF by 8.8% during the first quarter. Bare Financial Services Inc now owns 304,291 shares of the company’s stock valued at $22,350,000 after purchasing an additional 24,565 shares in the last quarter. Finally, Millennium Management LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $4,815,000.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of BND stock opened at $73.44 on Monday. The stock’s 50-day moving average is $73.11 and its 200 day moving average is $72.88. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 5th. Shareholders of record on Friday, August 1st were paid a $0.2419 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. The ex-dividend date was Friday, August 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.