Beacon Harbor Wealth Advisors Inc. Has $25.09 Million Stock Holdings in Vanguard Total Bond Market ETF $BND

Beacon Harbor Wealth Advisors Inc. grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 337,304 shares of the company’s stock after purchasing an additional 16,994 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 5.9% of Beacon Harbor Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd largest holding. Beacon Harbor Wealth Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $25,085,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Charis Legacy Partners LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 20.9% during the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after purchasing an additional 9,519 shares during the last quarter. Alesco Advisors LLC grew its stake in shares of Vanguard Total Bond Market ETF by 14.9% during the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock worth $168,492,000 after buying an additional 294,238 shares during the last quarter. Estate Counselors LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the third quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock worth $14,507,000 after buying an additional 11,590 shares in the last quarter. D.A. Davidson & CO. lifted its stake in shares of Vanguard Total Bond Market ETF by 1.4% in the 3rd quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock valued at $37,407,000 after acquiring an additional 6,843 shares during the last quarter. Finally, BAM Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at $920,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.90 on Thursday. Vanguard Total Bond Market ETF has a twelve month low of $71.41 and a twelve month high of $75.15. The stock’s fifty day simple moving average is $74.21 and its 200 day simple moving average is $74.16.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.2455 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.