GuidedMoney LLC Makes New $48.87 Million Investment in Vanguard Total Bond Market ETF $BND

GuidedMoney LLC purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 659,718 shares of the company’s stock, valued at approximately $48,865,000. Vanguard Total Bond Market ETF makes up approximately 26.1% of GuidedMoney LLC’s portfolio, making the stock its 2nd biggest position.

Other hedge funds have also made changes to their positions in the company. USAdvisors Wealth Management LLC boosted its position in Vanguard Total Bond Market ETF by 2.3% during 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 during the period. Centurion Wealth Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after purchasing an additional 146 shares during the period. Novak & Powell Financial Services Inc. raised its position in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after purchasing an additional 149 shares during the period. Cornerstone Management Inc. lifted its stake 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 stake 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 Stock Up 0.3%

NASDAQ BND opened at $73.34 on Friday. The company has a fifty day simple moving average of $73.35 and a 200 day simple moving average of $73.87. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a 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.