Steelhead Wealth Management LLC Takes $4.73 Million Position in Vanguard Total Bond Market ETF $BND

Steelhead Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 64,216 shares of the company’s stock, valued at approximately $4,728,000. Vanguard Total Bond Market ETF makes up 2.4% of Steelhead Wealth Management LLC’s investment portfolio, making the stock its 11th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $26,000. CKW Financial Group purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $28,000. Whittier Trust Co. of Nevada Inc. grew its stake in Vanguard Total Bond Market ETF by 159.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after purchasing an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors acquired a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $32,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.23 on Monday. The business’s 50 day moving average is $72.99 and its two-hundred day moving average is $73.59. Vanguard Total Bond Market ETF has a 52-week low of $72.13 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.