Schwallier Wealth Management LLC Lowers Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Schwallier Wealth Management LLC lessened its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,988 shares of the company’s stock after selling 19,342 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 5.5% of Schwallier Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Schwallier Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.36 on Tuesday. Vanguard Total Bond Market ETF has a 1-year low of $70.50 and a 1-year high of $75.67. The stock’s fifty day simple moving average is $73.00 and its two-hundred day simple moving average is $72.73.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.2404 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date was Tuesday, April 1st.

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.