Ridgewood Investments LLC Invests $39,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Ridgewood Investments LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 530 shares of the company’s stock, valued at approximately $39,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Apexium Financial LP raised its holdings in shares of Vanguard Total Bond Market ETF by 17.4% during the fourth quarter. Apexium Financial LP now owns 49,243 shares of the company’s stock worth $3,538,000 after purchasing an additional 7,301 shares during the last quarter. Mission Wealth Management LP lifted its position in Vanguard Total Bond Market ETF by 5.1% during the first quarter. Mission Wealth Management LP now owns 867,602 shares of the company’s stock valued at $64,055,000 after purchasing an additional 41,708 shares during the period. Legacy Private Trust Co. boosted its stake in shares of Vanguard Total Bond Market ETF by 78.1% in the first quarter. Legacy Private Trust Co. now owns 610,723 shares of the company’s stock worth $45,090,000 after buying an additional 267,805 shares during the last quarter. Eclectic Associates Inc. ADV purchased a new stake in shares of Vanguard Total Bond Market ETF in the first quarter worth about $548,000. Finally, BTS Asset Management Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 215.6% in the first quarter. BTS Asset Management Inc. now owns 135,850 shares of the company’s stock worth $10,030,000 after buying an additional 92,808 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.3 %

Shares of NASDAQ BND opened at $71.75 on Tuesday. Vanguard Total Bond Market ETF has a 12 month low of $69.09 and a 12 month high of $77.18. The firm’s 50 day simple moving average is $72.68 and its 200-day simple moving average is $73.32.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 7th. Shareholders of record on Wednesday, July 5th were issued a $0.1844 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, July 3rd. This represents a $2.21 dividend on an annualized basis and a yield of 3.08%.

Vanguard Total Bond Market ETF Profile

(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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