Vanguard Total Bond Market ETF $BND is Vermillion Wealth Management Inc.’s 2nd Largest Position

Vermillion Wealth Management Inc. lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 314,124 shares of the company’s stock after selling 18,304 shares during the quarter. Vanguard Total Bond Market ETF accounts for 9.1% of Vermillion Wealth Management Inc.’s holdings, making the stock its 2nd biggest holding. Vermillion Wealth Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $23,132,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of BND. Hilton Head Capital Partners LLC bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $26,000. CKW Financial Group purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $28,000. Kelleher Financial Advisors bought a new position in Vanguard Total Bond Market ETF during the 3rd quarter valued at about $32,000. Finally, FAS Wealth Partners Inc. grew its holdings in Vanguard Total Bond Market ETF by 1,064.1% during the 4th quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock valued at $34,000 after purchasing an additional 415 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.22 on Wednesday. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23. The company’s 50-day moving average is $73.32 and its 200 day moving average is $73.85.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a dividend of $0.2473 per share. 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.