Vanguard Total Bond Market ETF (NASDAQ:BND) is Benchmark Wealth Management LLC’s 2nd Largest Position

Benchmark Wealth Management LLC lowered its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 347,535 shares of the company’s stock after selling 5,107 shares during the quarter. Vanguard Total Bond Market ETF accounts for 12.3% of Benchmark Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Benchmark Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $25,526,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Essential Planning LLC. increased its holdings in shares of Vanguard Total Bond Market ETF by 6,541.0% in the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after purchasing an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 2,218.3% in the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after purchasing an additional 28,060,256 shares in the last quarter. Sagespring Wealth Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,234,246,000. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 11.3% in the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after purchasing an additional 10,057,150 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 16.7% in the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after purchasing an additional 8,312,317 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.4%

Shares of BND opened at $72.63 on Friday. The company has a 50-day simple moving average of $72.71 and a 200-day simple moving average of $72.62. Vanguard Total Bond Market ETF has a 52-week low of $71.10 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, May 1st were issued a dividend of $0.2364 per share. The ex-dividend date was Thursday, May 1st. This represents a $2.84 annualized dividend and a yield of 3.91%.

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.