Vanguard Total Bond Market ETF $BND is Luminvest Wealth Management LLC’s 5th Largest Position

Luminvest Wealth Management LLC lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 347,721 shares of the company’s stock after buying an additional 31,850 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 6.7% of Luminvest Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Luminvest Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $25,617,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $26,000. CKW Financial Group acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $28,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 159.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after purchasing an additional 238 shares during the period. Finally, Kelleher Financial Advisors purchased a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $32,000.

Vanguard Total Bond Market ETF Trading Down 0.1%

Shares of NASDAQ BND traded down $0.06 during trading on Friday, reaching $72.77. 7,170,406 shares of the stock were exchanged, compared to its average volume of 8,976,262. The business’s 50-day moving average price is $73.16 and its 200 day moving average price is $73.76. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2445 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend 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.