Meritas Wealth Management LLC Acquires 18,160 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Meritas Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 43.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,413 shares of the company’s stock after acquiring an additional 18,160 shares during the quarter. Vanguard Total Bond Market ETF makes up 2.6% of Meritas Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Meritas Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,437,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BND. Key Financial Inc raised its position in shares of Vanguard Total Bond Market ETF by 1.6% in the 4th quarter. Key Financial Inc now owns 8,669 shares of the company’s stock worth $623,000 after purchasing an additional 140 shares during the last quarter. VERITY Wealth Advisors raised its position in shares of Vanguard Total Bond Market ETF by 0.9% in the 4th quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock worth $1,133,000 after purchasing an additional 140 shares during the last quarter. Freedom Investment Management Inc. raised its position in shares of Vanguard Total Bond Market ETF by 3.5% in the 4th quarter. Freedom Investment Management Inc. now owns 4,593 shares of the company’s stock worth $330,000 after purchasing an additional 154 shares during the last quarter. Harbor Investment Advisory LLC raised its position in shares of Vanguard Total Bond Market ETF by 14.9% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,194 shares of the company’s stock worth $88,000 after purchasing an additional 155 shares during the last quarter. Finally, First American Trust FSB raised its position in shares of Vanguard Total Bond Market ETF by 1.4% in the 4th quarter. First American Trust FSB now owns 11,805 shares of the company’s stock worth $849,000 after purchasing an additional 160 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4%

BND opened at $72.70 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $71.10 and a 1 year high of $75.67. The stock has a 50-day moving average price of $72.56 and a 200-day moving average price of $72.61.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.2403 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, June 2nd.

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.