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

Sage Rhino Capital LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 63.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 155,952 shares of the company’s stock after acquiring an additional 60,431 shares during the period. Vanguard Total Bond Market ETF comprises about 2.1% of Sage Rhino Capital LLC’s investment portfolio, making the stock its 8th biggest holding. 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 & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Morgan Stanley lifted its holdings in shares of Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares during the last quarter. Creative Planning grew its position in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC boosted its stake in Vanguard Total Bond Market ETF by 7,708.3% during the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after purchasing an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND traded down $0.20 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 50-day moving average is $73.25 and its two-hundred day moving average is $73.81. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend 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.