LCW Services LLC Invests $11.48 Million in Vanguard Total Bond Market ETF $BND

LCW Services LLC acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 154,947 shares of the company’s stock, valued at approximately $11,477,000. Vanguard Total Bond Market ETF comprises 6.1% of LCW Services LLC’s portfolio, making the stock its 5th biggest holding.

A number of other hedge funds also recently bought and sold shares of BND. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at $28,000. Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF during the third quarter valued at $32,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at $43,000. Kingdom Financial Group LLC. purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at $43,000. Finally, TCTC Holdings LLC purchased a new stake in Vanguard Total Bond Market ETF during the third quarter valued at $51,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.83 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $72.19 and a 1 year high of $75.23. The firm has a fifty day moving average price of $73.40 and a 200-day moving average price of $73.97.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend 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.