BCO Wealth Management LLC Invests $4.91 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

BCO Wealth Management LLC acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 68,237 shares of the company’s stock, valued at approximately $4,907,000. Vanguard Total Bond Market ETF comprises about 4.1% of BCO Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Truvestments Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at $51,000. Bank of Montreal Can boosted its position in Vanguard Total Bond Market ETF by 12.8% during the third quarter. Bank of Montreal Can now owns 158,084 shares of the company’s stock valued at $11,901,000 after acquiring an additional 17,987 shares during the last quarter. FMR LLC grew its holdings in Vanguard Total Bond Market ETF by 41.2% during the 3rd quarter. FMR LLC now owns 286,969 shares of the company’s stock worth $21,554,000 after acquiring an additional 83,736 shares during the period. Avestar Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $330,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of Vanguard Total Bond Market ETF by 545.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,067,657 shares of the company’s stock valued at $80,192,000 after purchasing an additional 902,147 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.93 on Thursday. The stock’s 50-day moving average is $72.70 and its 200 day moving average is $73.09. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

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

About Vanguard Total Bond Market ETF

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.