Motley Fool Wealth Management LLC Has $6.70 Million Holdings in Vanguard Total Bond Market ETF $BND

Motley Fool Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 45.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 90,429 shares of the company’s stock after purchasing an additional 28,394 shares during the period. Motley Fool Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,698,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in BND. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $26,000. CKW Financial Group bought a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $28,000. Kelleher Financial Advisors bought a new position in Vanguard Total Bond Market ETF during the third quarter worth $32,000. Steigerwald Gordon & Koch Inc. bought a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $43,000. Finally, Kingdom Financial Group LLC. bought a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $43,000.

Vanguard Total Bond Market ETF Price Performance

BND opened at $72.97 on Wednesday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23. The stock has a fifty day moving average of $73.39 and a 200-day moving average of $73.95.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 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.