Vanguard Total Bond Market ETF $BND Shares Purchased by Root Financial Partners LLC

Root Financial Partners LLC raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 17.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,852 shares of the company’s stock after purchasing an additional 19,564 shares during the period. Vanguard Total Bond Market ETF comprises about 0.5% of Root Financial Partners LLC’s investment portfolio, making the stock its 25th largest position. Root Financial Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,544,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Old Peak Finance LLC purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,593,000. Cogent Private Wealth Inc. purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,341,000. Twin Peaks Wealth Advisors LLC lifted its holdings in Vanguard Total Bond Market ETF by 52.4% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 17,286 shares of the company’s stock valued at $1,284,000 after purchasing an additional 5,947 shares in the last quarter. FDx Advisors Inc. lifted its holdings in Vanguard Total Bond Market ETF by 2.0% in the 4th quarter. FDx Advisors Inc. now owns 233,682 shares of the company’s stock valued at $17,309,000 after purchasing an additional 4,613 shares in the last quarter. Finally, Sage Investment Advisers LLC purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at about $3,675,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $73.18 on Tuesday. The company’s 50-day moving average is $73.43 and its two-hundred day moving average is $74.00. Vanguard Total Bond Market ETF has a 12-month low of $72.19 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st will be paid a dividend of $0.2473 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.