Red Crane Wealth Management LLC Invests $696,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Red Crane Wealth Management LLC acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,684 shares of the company’s stock, valued at approximately $696,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Quent Capital LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth $25,000. Christopher J. Hasenberg Inc purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $31,000. Golden State Wealth Management LLC acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $34,000. Sound Income Strategies LLC raised its position in Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares during the period. Finally, YANKCOM Partnership purchased a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $45,000.

Vanguard Total Bond Market ETF Stock Up 0.6 %

NASDAQ BND opened at $73.33 on Wednesday. The firm’s 50-day moving average is $72.10 and its two-hundred day moving average is $73.27. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.