Shakespeare Wealth Management LLC Has $1.86 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Shakespeare Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,893 shares of the company’s stock after buying an additional 3,214 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 0.5% of Shakespeare Wealth Management LLC’s investment portfolio, making the stock its 24th biggest holding. Shakespeare Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,862,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BND. Quent Capital LLC acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $25,000. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $31,000. Golden State Wealth Management LLC acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter worth $34,000. Sound Income Strategies LLC increased its holdings in Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after purchasing an additional 146 shares in the last quarter. Finally, YANKCOM Partnership acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $45,000.

Vanguard Total Bond Market ETF Stock Up 0.1 %

NASDAQ:BND opened at $73.82 on Monday. The business has a 50 day moving average price of $72.90 and a two-hundred day moving average price of $72.98. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a $0.2404 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 dividend on an annualized basis and a yield of 3.91%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.