Mcmorgan & Co. LLC Boosts Position in Vanguard Total Bond Market ETF $BND

Mcmorgan & Co. LLC lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,995,233 shares of the company’s stock after buying an additional 28,856 shares during the quarter. Vanguard Total Bond Market ETF comprises 23.8% of Mcmorgan & Co. LLC’s portfolio, making the stock its biggest holding. Mcmorgan & Co. LLC’s holdings in Vanguard Total Bond Market ETF were worth $146,929,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. DiPaolo Financial Group Inc. purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth $1,506,000. Armstrong Advisory Group Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 3.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock valued at $93,296,000 after acquiring an additional 46,340 shares in the last quarter. Flower City Capital bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $690,000. Vestment Financial LLC bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $1,168,000. Finally, Five Pine Wealth Management grew its position in shares of Vanguard Total Bond Market ETF by 5.0% during the fourth quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after purchasing an additional 14,798 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.2%

NASDAQ:BND opened at $72.82 on Thursday. The stock has a 50-day moving average price of $73.12 and a 200 day moving average price of $73.73. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.