Topsail Wealth Management LLC Increases Stake in Vanguard Total Bond Market ETF $BND

Topsail Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,390 shares of the company’s stock after purchasing an additional 8,279 shares during the period. Vanguard Total Bond Market ETF accounts for about 1.9% of Topsail Wealth Management LLC’s portfolio, making the stock its 11th largest position. Topsail Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $13,137,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. CKW Financial Group acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $28,000. Kelleher Financial Advisors purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $32,000. Finally, FAS Wealth Partners Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 1,064.1% in the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock worth $34,000 after purchasing an additional 415 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.1%

Vanguard Total Bond Market ETF stock opened at $73.60 on Friday. The stock has a 50-day moving average price of $73.31 and a 200 day moving average price of $73.84. 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 firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given 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 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.