Newport Capital Group LLC Buys 9,190 Shares of Vanguard Total Bond Market ETF $BND

Newport Capital Group LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 168,953 shares of the company’s stock after acquiring an additional 9,190 shares during the quarter. Vanguard Total Bond Market ETF makes up 4.6% of Newport Capital Group LLC’s holdings, making the stock its 5th largest holding. Newport Capital Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $12,515,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after acquiring an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after acquiring an additional 4,285,563 shares during the last quarter. Creative Planning grew its holdings in shares of Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after acquiring an additional 6,989,480 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Vanguard Total Bond Market ETF by 25.7% in the 3rd quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock worth $1,704,017,000 after acquiring an additional 4,686,304 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $73.24 on Friday. The stock’s fifty day simple moving average is $73.37 and its 200 day simple moving average is $73.92. 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) dividend on an annualized basis and a dividend yield of 4.1%. 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.