Hamilton Wealth LLC Lowers Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Hamilton Wealth LLC cut its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 68,950 shares of the company’s stock after selling 1,911 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 1.6% of Hamilton Wealth LLC’s holdings, making the stock its 20th largest position. Hamilton Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $5,008,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Morningstar Investment Services LLC grew its holdings in Vanguard Total Bond Market ETF by 90.1% in the fourth quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock valued at $1,319,534,000 after purchasing an additional 8,482,025 shares during the period. Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 20.1% in the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after purchasing an additional 6,253,040 shares during the period. Texas Treasury Safekeeping Trust Co. grew its holdings in Vanguard Total Bond Market ETF by 789.9% in the fourth quarter. Texas Treasury Safekeeping Trust Co. now owns 6,896,640 shares of the company’s stock valued at $507,248,000 after purchasing an additional 6,121,670 shares during the period. Creative Planning grew its holdings in Vanguard Total Bond Market ETF by 10.1% in the fourth quarter. Creative Planning now owns 61,103,613 shares of the company’s stock valued at $4,494,171,000 after purchasing an additional 5,594,165 shares during the period. Finally, Cetera Investment Advisers grew its holdings in Vanguard Total Bond Market ETF by 123.9% in the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after purchasing an additional 2,660,678 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND traded up $0.84 during trading on Friday, hitting $74.41. 6,476,348 shares of the company’s stock were exchanged, compared to its average volume of 6,886,658. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.44. The stock has a 50 day moving average price of $72.42 and a 200 day moving average price of $72.14.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.2239 per share. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. This represents a $2.69 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend is Thursday, August 1st.

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.