Burkett Asset Management Ltd Purchases Shares of 19,995 Vanguard Total Bond Market ETF $BND

Burkett Asset Management Ltd purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 19,995 shares of the company’s stock, valued at approximately $1,481,000. Vanguard Total Bond Market ETF comprises about 1.5% of Burkett Asset Management Ltd’s portfolio, making the stock its 23rd largest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of BND. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $26,000. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $28,000. Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF during the third quarter valued at about $32,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $43,000. Finally, Kingdom Financial Group LLC. purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $43,000.

Vanguard Total Bond Market ETF Stock Up 0.6%

BND stock opened at $73.33 on Friday. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23. The firm has a 50-day moving average of $73.38 and a two-hundred day moving average of $73.93.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid 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 yield of 4.0%.

About Vanguard Total Bond Market ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report).

Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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