Sherman Asset Management Inc. Acquires 9,477 Shares of Vanguard Total Bond Market ETF $BND

Sherman Asset Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) by 21.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,920 shares of the company’s stock after purchasing an additional 9,477 shares during the period. Vanguard Total Bond Market ETF comprises approximately 3.6% of Sherman Asset Management Inc.’s holdings, making the stock its 6th biggest holding. Sherman Asset Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $3,897,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. USAdvisors Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF by 2.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares during the last quarter. BCO Wealth Management LLC increased its position in Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after buying an additional 143 shares in the last quarter. Centurion Wealth Management LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after acquiring an additional 146 shares during the last quarter. Novak & Powell Financial Services Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after acquiring an additional 149 shares during the last quarter. Finally, Cornerstone Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after acquiring an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $72.82 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23. The stock’s fifty day simple moving average is $73.12 and its 200-day simple moving average is $73.73.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid 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 4.0%.

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.

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

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