Great Waters Wealth Management Cuts Stake in Vanguard Total Bond Market ETF $BND

Great Waters Wealth Management lessened its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.6% in the first quarter, Holdings Channel.com reports. The firm owned 409,862 shares of the company’s stock after selling 19,964 shares during the period. Vanguard Total Bond Market ETF makes up about 3.2% of Great Waters Wealth Management’s investment portfolio, making the stock its 7th largest position. Great Waters Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $30,182,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Morgan Stanley boosted its position in Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after purchasing an additional 16,287,510 shares during the last quarter. Creative Planning boosted its position in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares during the period. JPMorgan Chase & Co. raised its position in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the period. Vanguard Group Inc. grew its stake in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after buying an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC grew its position in shares of Vanguard Total Bond Market ETF by 7,708.3% in the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after purchasing an additional 5,169,861 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.22 on Wednesday. The business has a fifty day simple moving average of $73.32 and a 200 day simple moving average of $73.85. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.2473 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, June 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.