Cypress Point Wealth Management LLC Increases Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cypress Point Wealth Management LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,645 shares of the company’s stock after buying an additional 1,706 shares during the period. Cypress Point Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BND. Christopher J. Hasenberg Inc bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $31,000. Sound Income Strategies LLC grew 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 worth $34,000 after acquiring an additional 146 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Vanguard Total Bond Market ETF during the second quarter valued at about $46,000. Future Financial Wealth Managment LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $46,000. Finally, Northwest Investment Counselors LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at about $46,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.04 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The business has a 50 day moving average of $72.39 and a 200 day moving average of $73.38.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

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.