Stone Loft Wealth Management LLC Invests $16.66 Million in Vanguard Total Bond Market ETF $BND

Stone Loft Wealth Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 226,278 shares of the company’s stock, valued at approximately $16,663,000. Vanguard Total Bond Market ETF makes up about 11.9% of Stone Loft Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position.

Several other large investors have also recently made changes to their positions in BND. USAdvisors Wealth Management LLC grew its position in Vanguard Total Bond Market ETF by 2.3% during the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares during the period. BCO Wealth Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 0.3% in the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after acquiring an additional 143 shares during the period. Centurion Wealth Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 0.9% during the 4th quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after acquiring an additional 146 shares in the last quarter. Novak & Powell Financial Services Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 1.0% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after acquiring an additional 149 shares in the last quarter. Finally, Cornerstone Management Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 3.6% during the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after acquiring an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.68 on Tuesday. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23. The stock’s 50-day moving average price is $73.08 and its 200-day moving average price is $73.70.

Vanguard Total Bond Market ETF Cuts Dividend

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

Vanguard Total Bond Market ETF Company 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.