Lexington Hill Partners LLC Invests $8.67 Million in Vanguard Total Bond Market ETF $BND

Lexington Hill Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 117,094 shares of the company’s stock, valued at approximately $8,673,000. Vanguard Total Bond Market ETF makes up about 6.5% of Lexington Hill Partners LLC’s investment portfolio, making the stock its 4th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of BND. USAdvisors Wealth Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after purchasing an additional 141 shares in the last quarter. Centurion Wealth Management LLC raised its holdings in Vanguard Total Bond Market ETF by 0.9% during the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after buying an additional 146 shares in the last quarter. Novak & Powell Financial Services Inc. raised its holdings in Vanguard Total Bond Market ETF by 1.0% during the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after buying an additional 149 shares in the last quarter. Cornerstone Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after buying an additional 152 shares during the last quarter. Finally, Evoke Wealth LLC lifted its position in shares of Vanguard Total Bond Market ETF by 0.7% in the fourth quarter. Evoke Wealth LLC now owns 21,983 shares of the company’s stock worth $1,628,000 after buying an additional 152 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.3%

BND opened at $73.34 on Friday. The stock has a 50-day moving average of $73.35 and a 200-day moving average of $73.87. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.2473 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, June 1st.

Vanguard Total Bond Market ETF Company 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.