Topsail Wealth Management LLC Acquires Shares of 90,584 Vanguard Total Bond Market ETF (NASDAQ:BND)

Topsail Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, Holdings Channel.com reports. The fund bought 90,584 shares of the company’s stock, valued at approximately $6,514,000. Vanguard Total Bond Market ETF accounts for 1.4% of Topsail Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other large investors also recently modified their holdings of the company. Quent Capital LLC bought a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at $25,000. Christopher J. Hasenberg Inc acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $31,000. Sound Income Strategies LLC increased its position in shares of Vanguard Total Bond Market ETF by 44.1% during the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $34,000. Finally, YANKCOM Partnership acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $45,000.

Vanguard Total Bond Market ETF Trading Up 0.6 %

BND stock opened at $72.94 on Friday. The business has a 50-day simple moving average of $72.96 and a two-hundred day simple moving average of $72.75. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were given a dividend of $0.2404 per share. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 annualized dividend and a dividend yield of 3.95%.

Vanguard Total Bond Market ETF 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.