Horizons Wealth Management Has $5 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Horizons Wealth Management decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 25.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,748 shares of the company’s stock after selling 23,676 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 4.0% of Horizons Wealth Management’s investment portfolio, making the stock its 7th largest position. Horizons Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $4,999,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. International Assets Investment Management LLC now owns 20,823 shares of the company’s stock worth $1,531,000 after acquiring an additional 1,837 shares during the last quarter. Tennessee Valley Asset Management Partners bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $79,000. Cambridge Trust Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 25.6% in the fourth quarter. Cambridge Trust Co. now owns 2,550 shares of the company’s stock worth $188,000 after acquiring an additional 520 shares during the last quarter. Greenleaf Trust lifted its holdings in shares of Vanguard Total Bond Market ETF by 503.5% in the fourth quarter. Greenleaf Trust now owns 23,188 shares of the company’s stock worth $1,705,000 after acquiring an additional 19,346 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $177,000.

Vanguard Total Bond Market ETF Stock Up 0.3 %

Shares of BND stock traded up $0.22 on Tuesday, reaching $74.56. The company had a trading volume of 4,443,918 shares, compared to its average volume of 6,780,000. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $74.80. The business’s 50-day moving average is $72.94 and its 200 day moving average is $72.22.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a $0.2239 dividend. The ex-dividend date was Thursday, August 1st. This represents a $2.69 annualized dividend and a dividend yield of 3.60%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21.

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.