Fort Point Capital Partners LLC Boosts Holdings in Vanguard Total Bond Market ETF $BND

Fort Point Capital Partners LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) by 39.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 48,656 shares of the company’s stock after purchasing an additional 13,736 shares during the quarter. Fort Point Capital Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,616,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in BND. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $26,000. CKW Financial Group acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $28,000. Kelleher Financial Advisors acquired a new stake in Vanguard Total Bond Market ETF in the third quarter valued at approximately $32,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $43,000.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of NASDAQ:BND opened at $73.24 on Friday. The firm’s 50 day moving average price is $73.37 and its 200 day moving average price is $73.92. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.1%.

About Vanguard Total Bond Market ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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