Vanguard Total Bond Market ETF $BND Stock Position Increased by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 410,884 shares of the company’s stock after purchasing an additional 22,303 shares during the period. Vanguard Total Bond Market ETF makes up approximately 5.9% of Prestige Wealth Management Group LLC’s holdings, making the stock its 3rd largest position. Prestige Wealth Management Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $30,257,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth $26,000. CKW Financial Group purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $28,000. Whittier Trust Co. of Nevada Inc. lifted its position in Vanguard Total Bond Market ETF by 159.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after purchasing an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors purchased a new position in Vanguard Total Bond Market ETF during the third quarter valued at $32,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.40 on Thursday. The stock has a 50-day simple moving average of $73.05 and a two-hundred day simple moving average of $73.68. 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 disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.