WESCAP Management Group Inc. Takes Position in Vanguard Total Bond Market ETF $BND

WESCAP Management Group Inc. bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 9,851 shares of the company’s stock, valued at approximately $730,000.

A number of other institutional investors and hedge funds also recently modified their holdings of BND. HighTower Advisors LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 6.1% in the 3rd quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock valued at $296,769,000 after purchasing an additional 227,732 shares during the period. Bright Futures Wealth Management LLC. acquired a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth approximately $524,000. BlueStem Wealth Partners LLC boosted its holdings in shares of 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 during the period. Armstrong Advisory Group Inc. grew its position 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 valued at $93,296,000 after purchasing an additional 46,340 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $72.83 on Monday. Vanguard Total Bond Market ETF has a twelve month low of $72.19 and a twelve month high of $75.23. The firm’s 50 day moving average price is $73.40 and its two-hundred day moving average price is $73.97.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.