TSG Advice Partners LLC Has $66.69 Million Holdings in Vanguard Total Bond Market ETF $BND

TSG Advice Partners LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 27.8% during the first quarter, Holdings Channel.com reports. The fund owned 905,636 shares of the company’s stock after buying an additional 196,843 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 10.0% of TSG Advice Partners LLC’s holdings, making the stock its 2nd largest holding. TSG Advice Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $66,691,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of BND. DiPaolo Financial Group Inc. bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $1,506,000. Armstrong Advisory Group Inc. boosted its position in Vanguard Total Bond Market ETF by 3.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after purchasing an additional 46,340 shares during the period. Five Pine Wealth Management increased its holdings in shares of Vanguard Total Bond Market ETF by 5.0% in the fourth quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock valued at $22,998,000 after purchasing an additional 14,798 shares during the last quarter. Flower City Capital acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $690,000. Finally, Vestment Financial LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $1,168,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.06 on Thursday. The company’s 50-day moving average is $73.27 and its 200-day moving average is $73.82. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a $0.2445 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, July 1st.

Vanguard Total Bond Market ETF 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.