Vanguard Total Bond Market ETF $BND is Mcmorgan & Co. LLC’s Largest Position

Mcmorgan & Co. LLC boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,995,233 shares of the company’s stock after purchasing an additional 28,856 shares during the period. Vanguard Total Bond Market ETF makes up approximately 23.8% of Mcmorgan & Co. LLC’s holdings, making the stock its largest position. Mcmorgan & Co. LLC owned about 0.10% of Vanguard Total Bond Market ETF worth $146,929,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. D.A. Davidson & CO. boosted its position in Vanguard Total Bond Market ETF by 9.5% in the first quarter. D.A. Davidson & CO. now owns 350,377 shares of the company’s stock worth $25,802,000 after purchasing an additional 30,285 shares during the last quarter. Beaumont Financial Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF by 1.7% during the 1st quarter. Beaumont Financial Advisors LLC now owns 26,542 shares of the company’s stock valued at $1,955,000 after purchasing an additional 442 shares during the last quarter. Sherman Asset Management Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 21.8% in the 1st quarter. Sherman Asset Management Inc. now owns 52,920 shares of the company’s stock worth $3,897,000 after purchasing an additional 9,477 shares during the period. Three Seasons Wealth LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 17.5% in the 1st quarter. Three Seasons Wealth LLC now owns 29,057 shares of the company’s stock worth $2,140,000 after purchasing an additional 4,338 shares during the period. Finally, Harmony Asset Management LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 9.5% in the 1st quarter. Harmony Asset Management LLC now owns 10,939 shares of the company’s stock worth $806,000 after purchasing an additional 946 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $72.82 on Thursday. The firm has a 50 day moving average of $73.12 and a 200 day moving average of $73.73. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.