Stone Loft Wealth Management LLC Makes New $16.66 Million Investment in Vanguard Total Bond Market ETF $BND

Stone Loft Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 226,278 shares of the company’s stock, valued at approximately $16,663,000. Vanguard Total Bond Market ETF makes up about 11.9% of Stone Loft Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors have also modified their holdings of BND. Morgan Stanley raised its position in shares of Vanguard Total Bond Market ETF by 15.0% during the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares during the last quarter. Creative Planning lifted its stake in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after buying an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC increased its stake in Vanguard Total Bond Market ETF by 7,708.3% during the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after buying an additional 5,169,861 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2%

NASDAQ:BND opened at $72.68 on Tuesday. The stock has a 50 day moving average of $73.08 and a two-hundred day moving average of $73.70. 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 company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors 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 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.