RKL Wealth Management LLC Purchases Shares of 7,032 Vanguard Total Bond Market ETF $BND

RKL Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 7,032 shares of the company’s stock, valued at approximately $518,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. USAdvisors Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares during the period. BCO Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after acquiring an additional 143 shares during the period. Centurion Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 0.9% in the fourth 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. lifted its holdings in Vanguard Total Bond Market ETF by 1.0% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after acquiring an additional 149 shares during the last quarter. Finally, Cornerstone Management Inc. lifted its holdings in Vanguard Total Bond Market ETF by 3.6% in the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after acquiring an additional 152 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $73.06 on Thursday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The company has a 50-day moving average of $73.27 and a 200-day moving average of $73.82.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.2445 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.