Meritas Wealth Management LLC Has $6.65 Million Stake in Vanguard Total Bond Market ETF $BND

Meritas Wealth Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 89,826 shares of the company’s stock after purchasing an additional 8,397 shares during the quarter. Vanguard Total Bond Market ETF makes up 3.2% of Meritas Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Meritas Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,653,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BND. Charis Legacy Partners LLC boosted its stake in Vanguard Total Bond Market ETF by 20.9% in the third quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after acquiring an additional 9,519 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Vanguard Total Bond Market ETF by 6.1% during the 3rd quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after purchasing an additional 227,732 shares during the last quarter. Alesco Advisors LLC increased its stake in shares of Vanguard Total Bond Market ETF by 14.9% during the 3rd quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock worth $168,492,000 after purchasing an additional 294,238 shares during the last quarter. Estate Counselors LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 6.3% in the 3rd quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock worth $14,507,000 after purchasing an additional 11,590 shares during the period. Finally, D.A. Davidson & CO. lifted its stake in Vanguard Total Bond Market ETF by 1.4% in the third quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock valued at $37,407,000 after purchasing an additional 6,843 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.11 on Monday. The stock has a fifty day simple moving average of $74.22 and a two-hundred day simple moving average of $74.34. Vanguard Total Bond Market ETF has a 1-year low of $71.41 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.