Sherman Porfolios LLC Raises Holdings in Vanguard Total Bond Market ETF $BND

Sherman Porfolios LLC lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 220,497 shares of the company’s stock after purchasing an additional 31,235 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 5.9% of Sherman Porfolios LLC’s investment portfolio, making the stock its 6th biggest holding. Sherman Porfolios LLC’s holdings in Vanguard Total Bond Market ETF were worth $16,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of BND. Orion Capital Management LLC acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $32,000. Kelleher Financial Advisors bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $32,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the second quarter valued at approximately $44,000. Westfuller Advisors LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter worth $46,000. Finally, Highline Wealth Partners LLC lifted its position in shares of Vanguard Total Bond Market ETF by 31,250.0% in the third quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock worth $47,000 after purchasing an additional 625 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4%

Vanguard Total Bond Market ETF stock opened at $73.68 on Thursday. Vanguard Total Bond Market ETF has a 1-year low of $71.41 and a 1-year high of $75.23. The company has a fifty day simple moving average of $74.35 and a 200 day simple moving average of $74.37.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.2278 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.