Sanctuary Wealth Management L.L.C. Increases Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sanctuary Wealth Management L.L.C. lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 141,850 shares of the company’s stock after purchasing an additional 8,751 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 6.7% of Sanctuary Wealth Management L.L.C.’s portfolio, making the stock its 5th largest position. Sanctuary Wealth Management L.L.C.’s holdings in Vanguard Total Bond Market ETF were worth $10,200,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. N.E.W. Advisory Services LLC lifted its stake in Vanguard Total Bond Market ETF by 36.7% during the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after purchasing an additional 98,201 shares during the period. Joel Adams & Associates Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $1,459,000. Truist Financial Corp lifted its position in shares of Vanguard Total Bond Market ETF by 115.3% during the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after buying an additional 1,194,696 shares during the period. Global View Capital Management LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at $1,577,000. Finally, Aurelius Family Office LLC acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $7,595,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $73.32 on Friday. The firm has a 50-day moving average price of $72.75 and a 200 day moving average price of $73.06. 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 Cuts Dividend

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

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.