Topsail Wealth Management LLC Has $10.38 Million Holdings in Vanguard Total Bond Market ETF $BND

Topsail Wealth Management LLC boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 139,588 shares of the company’s stock after acquiring an additional 11,808 shares during the period. Vanguard Total Bond Market ETF accounts for about 1.8% of Topsail Wealth Management LLC’s holdings, making the stock its 10th biggest position. Topsail Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $10,381,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BND. JPMorgan Chase & Co. raised its position in shares of 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 buying an additional 22,636,769 shares in the last quarter. Creative Planning increased its stake in 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 acquiring an additional 6,332,554 shares during the last quarter. Sei Investments Co. increased its stake in Vanguard Total Bond Market ETF by 46.9% in the 2nd quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock worth $1,147,087,000 after acquiring an additional 4,971,692 shares during the last quarter. Vanguard Group Inc. raised its holdings 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 valued at $4,947,531,000 after acquiring an additional 4,407,252 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 125.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock valued at $539,426,000 after acquiring an additional 4,217,095 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $74.23 on Friday. The company’s 50 day moving average is $74.26 and its 200 day moving average is $74.14. Vanguard Total Bond Market ETF has a 1-year low of $71.41 and a 1-year high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.