Meridian Wealth Management LLC Acquires 23,883 Shares of Vanguard Total Bond Market ETF $BND

Meridian Wealth Management LLC lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 485,794 shares of the company’s stock after buying an additional 23,883 shares during the quarter. Vanguard Total Bond Market ETF makes up about 1.4% of Meridian Wealth Management LLC’s holdings, making the stock its 11th biggest holding. Meridian Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $36,128,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BND. JPMorgan Chase & Co. grew its holdings in Vanguard Total Bond Market ETF by 21.9% in the second quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after purchasing an additional 22,636,769 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Total Bond Market ETF by 2.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 122,402,361 shares of the company’s stock worth $9,012,486,000 after purchasing an additional 3,485,369 shares in the last quarter. Creative Planning grew its stake in shares of Vanguard Total Bond Market ETF by 5.8% in the 2nd quarter. Creative Planning now owns 114,896,140 shares of the company’s stock worth $8,459,803,000 after buying an additional 6,332,554 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 7.0% in the 2nd quarter. Vanguard Group Inc. now owns 67,194,503 shares of the company’s stock worth $4,947,531,000 after buying an additional 4,407,252 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Vanguard Total Bond Market ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,910,927 shares of the company’s stock valued at $1,539,389,000 after buying an additional 659,542 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.0%

Shares of NASDAQ:BND opened at $74.23 on Friday. The stock has a fifty day simple moving average of $74.26 and a two-hundred day simple moving average of $74.14. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a $0.2455 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.