Vanguard Total Bond Market ETF $BND is Tide Cove Capital Partners LLC’s 2nd Largest Position

Tide Cove Capital Partners LLC increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.4% in the 4th quarter, HoldingsChannel reports. The fund owned 236,125 shares of the company’s stock after purchasing an additional 38,435 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 12.1% of Tide Cove Capital Partners LLC’s holdings, making the stock its 2nd biggest holding. Tide Cove Capital Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $17,522,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in the business. HighTower Advisors LLC lifted its stake in Vanguard Total Bond Market ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after purchasing an additional 227,732 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new position in Vanguard Total Bond Market ETF during the third quarter worth $524,000. BlueStem Wealth Partners LLC lifted its stake in Vanguard Total Bond Market ETF by 6.1% during the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock worth $19,429,000 after purchasing an additional 14,988 shares in the last quarter. Armstrong Advisory Group Inc. lifted its stake 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 in the last quarter. Finally, Gridiron Partners LLC lifted its stake in Vanguard Total Bond Market ETF by 2,357.4% during the fourth quarter. Gridiron Partners LLC now owns 592,019 shares of the company’s stock worth $43,851,000 after purchasing an additional 567,928 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $73.06 on Thursday. The stock’s fifty day moving average is $73.42 and its two-hundred day moving average is $73.98. Vanguard Total Bond Market ETF has a 52 week low of $72.19 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.2473 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, June 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.