Modern Wealth Management LLC Increases Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Modern Wealth Management LLC boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,462 shares of the company’s stock after buying an additional 10,927 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $5,967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $25,000. Christopher J. Hasenberg Inc purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $31,000. Sound Income Strategies LLC increased its stake in Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $34,000. Finally, YANKCOM Partnership purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $45,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.00 on Tuesday. The stock’s fifty day moving average price is $72.64 and its 200 day moving average price is $73.10. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About Vanguard Total Bond Market ETF

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.