Evolve Private Wealth LLC Buys New Shares in Vanguard Total Bond Market ETF $BND

Evolve Private Wealth LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, HoldingsChannel reports. The firm bought 577,473 shares of the company’s stock, valued at approximately $42,773,000. Vanguard Total Bond Market ETF makes up 2.5% of Evolve Private Wealth LLC’s investment portfolio, making the stock its 7th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings 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 valued at $10,342,364,000 after buying an additional 8,283,073 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Total Bond Market ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after purchasing an additional 4,285,563 shares during the period. Creative Planning grew its stake in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares during the period. Morgan Stanley grew its stake in Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares during the period. Finally, Vanguard Group Inc. grew its stake in Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.4%

NASDAQ BND opened at $73.14 on Thursday. The business has a 50 day simple moving average of $73.36 and a 200 day simple moving average of $73.88. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.