Fusion Family Wealth LLC Takes $509,000 Position in Vanguard Total Bond Market ETF $BND

Fusion Family Wealth LLC bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 6,915 shares of the company’s stock, valued at approximately $509,000.

Several other large investors have also added to or reduced their stakes in the stock. Morgan Stanley boosted its stake in shares of Vanguard Total Bond Market ETF by 15.0% during the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after purchasing an additional 16,287,510 shares in the last quarter. Creative Planning raised its stake in Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after buying an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC lifted its holdings in Vanguard Total Bond Market ETF by 7,708.3% in the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after buying an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.3%

Vanguard Total Bond Market ETF stock opened at $72.70 on Wednesday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23. The stock’s 50 day simple moving average is $73.13 and its two-hundred day simple moving average is $73.74.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.2445 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 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.