Sage Rhino Capital LLC Buys 60,431 Shares of Vanguard Total Bond Market ETF $BND

Sage Rhino Capital LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 63.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 155,952 shares of the company’s stock after acquiring an additional 60,431 shares during the quarter. Vanguard Total Bond Market ETF makes up 2.1% of Sage Rhino Capital LLC’s portfolio, making the stock its 8th biggest position. Sage Rhino Capital LLC’s holdings in Vanguard Total Bond Market ETF were worth $11,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at about $26,000. CKW Financial Group acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $28,000. Whittier Trust Co. of Nevada Inc. raised its stake in Vanguard Total Bond Market ETF by 159.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after buying an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors bought a new position in Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $32,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND traded down $0.20 during mid-day trading on Tuesday, hitting $72.94. The stock had a trading volume of 2,769,019 shares, compared to its average volume of 8,944,493. The company’s fifty day simple moving average is $73.25 and its two-hundred day simple moving average is $73.81. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week 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 dividend of $0.2445 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

Vanguard Total Bond Market ETF Company 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.