Marcum Wealth LLC Lowers Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Marcum Wealth LLC decreased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,201 shares of the company’s stock after selling 1,005 shares during the quarter. Marcum Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $303,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Marquette Asset Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter worth approximately $30,000. Lee Financial Co purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $31,000. ORG Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $42,000. Creative Capital Management Investments LLC acquired a new position in Vanguard Total Bond Market ETF during the 1st quarter valued at approximately $42,000. Finally, Heritage Wealth Advisors acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $42,000.

Vanguard Total Bond Market ETF Stock Down 0.1 %

Shares of BND traded down $0.07 during midday trading on Monday, reaching $74.34. The stock had a trading volume of 8,345,207 shares, compared to its average volume of 6,896,549. The firm’s 50 day moving average price is $72.42 and its 200-day moving average price is $72.13. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.80.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be paid a $0.2239 dividend. This represents a $2.69 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend is Thursday, August 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21.

Vanguard Total Bond Market ETF Company 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.