TrueWealth Financial Partners Takes Position in Vanguard Total Bond Market ETF $BND

TrueWealth Financial Partners bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the first quarter, HoldingsChannel reports. The institutional investor bought 191,281 shares of the company’s stock, valued at approximately $14,086,000. Vanguard Total Bond Market ETF comprises about 5.6% of TrueWealth Financial Partners’ holdings, making the stock its 8th largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $26,000. CKW Financial Group acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $28,000. Whittier Trust Co. of Nevada Inc. grew its position in shares of Vanguard Total Bond Market ETF by 159.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after buying an additional 238 shares during the period. Finally, Kelleher Financial Advisors acquired a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $32,000.

Vanguard Total Bond Market ETF Price Performance

BND opened at $72.42 on Friday. The firm has a 50 day simple moving average of $73.00 and a 200 day simple moving average of $73.60. Vanguard Total Bond Market ETF has a fifty-two week low of $72.17 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. 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.