Simon Quick Advisors LLC Increases Stock Position in Vanguard Total Bond Market ETF $BND

Simon Quick Advisors LLC boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 20.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,639 shares of the company’s stock after purchasing an additional 18,047 shares during the period. Simon Quick Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,853,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. USAdvisors Wealth Management LLC boosted its position in Vanguard Total Bond Market ETF by 2.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares during the last quarter. BCO Wealth Management LLC increased its position in shares of Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after acquiring an additional 143 shares during the last quarter. Centurion Wealth Management LLC increased its position in shares of Vanguard Total Bond Market ETF by 0.9% during the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after acquiring an additional 146 shares during the last quarter. Novak & Powell Financial Services Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after acquiring an additional 149 shares in the last quarter. Finally, Cornerstone Management Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after acquiring an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.86 on Friday. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23. The stock has a 50-day moving average price of $73.09 and a 200 day moving average price of $73.72.

Vanguard Total Bond Market ETF Cuts Dividend

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