Vanguard Total Bond Market ETF $BND Shares Purchased by Summit Wealth Group LLC

Summit Wealth Group LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 399,043 shares of the company’s stock after acquiring an additional 19,334 shares during the quarter. Vanguard Total Bond Market ETF makes up 6.7% of Summit Wealth Group LLC’s portfolio, making the stock its 2nd largest holding. Summit Wealth Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $29,386,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in BND. AMG National Trust Bank grew its holdings in shares of Vanguard Total Bond Market ETF by 10.5% in the 1st quarter. AMG National Trust Bank now owns 1,583,689 shares of the company’s stock worth $116,623,000 after purchasing an additional 149,849 shares during the last quarter. Lutz Financial Services LLC lifted its holdings in Vanguard Total Bond Market ETF by 5.0% during the 1st quarter. Lutz Financial Services LLC now owns 1,431,140 shares of the company’s stock valued at $105,389,000 after purchasing an additional 68,196 shares during the last quarter. Bryn Mawr Trust Advisors LLC lifted its holdings in Vanguard Total Bond Market ETF by 3.7% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 1,346,630 shares of the company’s stock valued at $99,166,000 after purchasing an additional 47,617 shares during the last quarter. Bleakley Financial Group LLC boosted its position in Vanguard Total Bond Market ETF by 225.2% in the first quarter. Bleakley Financial Group LLC now owns 389,275 shares of the company’s stock valued at $28,666,000 after buying an additional 269,558 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its position in Vanguard Total Bond Market ETF by 0.9% in the first quarter. Chicago Partners Investment Group LLC now owns 176,906 shares of the company’s stock valued at $13,066,000 after buying an additional 1,518 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4%

Shares of Vanguard Total Bond Market ETF stock opened at $72.50 on Tuesday. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23. The firm’s 50-day moving average price is $73.14 and its two-hundred day moving average price is $73.75.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.2445 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 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.