Vanguard Total Bond Market ETF $BND Holdings Trimmed by Vermillion Wealth Management Inc.

Vermillion Wealth Management Inc. trimmed its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.5% in the 1st quarter, Holdings Channel reports. The firm 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 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BND. USAdvisors Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF by 2.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after buying an additional 141 shares during the period. BCO Wealth Management LLC boosted its position in Vanguard Total Bond Market ETF by 0.3% in the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after buying an additional 143 shares during the period. Centurion Wealth Management LLC grew its stake in Vanguard Total Bond Market ETF by 0.9% in the 4th quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after acquiring an additional 146 shares in the last quarter. Novak & Powell Financial Services Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after purchasing an additional 149 shares during the period. Finally, Cornerstone Management Inc. grew its stake in Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after purchasing an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.22 on Wednesday. The business’s 50 day moving average is $73.32 and its 200 day moving average is $73.85. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued 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.

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.