Focused Wealth Management Inc Has $14.61 Million Position in Vanguard Total Bond Market ETF $BND

Focused Wealth Management Inc lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 198,340 shares of the company’s stock after acquiring an additional 10,945 shares during the period. Vanguard Total Bond Market ETF makes up approximately 1.5% of Focused Wealth Management Inc’s portfolio, making the stock its 13th biggest position. Focused Wealth Management Inc’s holdings in Vanguard Total Bond Market ETF were worth $14,606,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. DiPaolo Financial Group Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $1,506,000. Bright Futures Wealth Management LLC. acquired a new position in Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $524,000. BlueStem Wealth Partners LLC raised its stake in Vanguard Total Bond Market ETF by 6.1% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock worth $19,429,000 after buying an additional 14,988 shares during the period. Armstrong Advisory Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 3.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after acquiring an additional 46,340 shares in the last quarter. Finally, Vanguard Group Inc. boosted 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 acquiring an additional 6,989,480 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.22 on Wednesday. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23. The stock has a 50 day moving average price of $73.32 and a two-hundred day moving average price of $73.85.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.2473 dividend. 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.