Straight Path Wealth Management Buys 554 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Straight Path Wealth Management lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,179 shares of the company’s stock after buying an additional 554 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.8% of Straight Path Wealth Management’s investment portfolio, making the stock its 17th biggest position. Straight Path Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $2,098,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $439,341,000. Vision Financial Markets LLC acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $417,000. New Covenant Trust Company N.A. raised its position in Vanguard Total Bond Market ETF by 2.0% during the fourth quarter. New Covenant Trust Company N.A. now owns 97,716 shares of the company’s stock valued at $7,038,000 after purchasing an additional 1,923 shares in the last quarter. Centered Wealth LLC dba Miller Equity Capital Advisors raised its position in Vanguard Total Bond Market ETF by 0.9% during the fourth quarter. Centered Wealth LLC dba Miller Equity Capital Advisors now owns 154,827 shares of the company’s stock valued at $11,134,000 after purchasing an additional 1,360 shares in the last quarter. Finally, M&T Bank Corp raised its position in Vanguard Total Bond Market ETF by 5.8% during the fourth quarter. M&T Bank Corp now owns 3,216,078 shares of the company’s stock valued at $231,268,000 after purchasing an additional 175,831 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.14 on Thursday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The firm has a 50 day simple moving average of $72.27 and a two-hundred day simple moving average of $73.25.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.