Golden State Wealth Management LLC Has $1 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Golden State Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2,772.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,614 shares of the company’s stock after acquiring an additional 13,140 shares during the quarter. Golden State Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,000,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BND. Brighton Jones LLC boosted its holdings in Vanguard Total Bond Market ETF by 99.6% in the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after acquiring an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Vanguard Total Bond Market ETF by 19.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock worth $237,000 after purchasing an additional 530 shares during the period. Crestwood Advisors Group LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 55.6% in the 4th quarter. Crestwood Advisors Group LLC now owns 9,831 shares of the company’s stock worth $707,000 after purchasing an additional 3,511 shares in the last quarter. Lake Street Advisors Group LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 11.9% in the 4th quarter. Lake Street Advisors Group LLC now owns 752,360 shares of the company’s stock worth $54,102,000 after purchasing an additional 79,954 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. grew its position in Vanguard Total Bond Market ETF by 22.0% in the 4th quarter. Cutter & CO Brokerage Inc. now owns 3,669 shares of the company’s stock valued at $264,000 after purchasing an additional 662 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.30 on Thursday. The firm has a fifty day simple moving average of $72.64 and a two-hundred day simple moving average of $72.59. Vanguard Total Bond Market ETF has a 12 month low of $71.10 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.2403 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Monday, June 2nd.

Vanguard Total Bond Market ETF 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.