Momentous Wealth Management Inc. Invests $292,000 in Vanguard Total Bond Market ETF (NASDAQ:BND)

Momentous Wealth Management Inc. purchased a new stake 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 and Exchange Commission. The firm purchased 4,060 shares of the company’s stock, valued at approximately $292,000. Vanguard Total Bond Market ETF accounts for 0.2% of Momentous Wealth Management Inc.’s investment portfolio, making the stock its 26th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quent Capital LLC acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $25,000. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $31,000. Sound Income Strategies LLC lifted its stake 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 valued at $34,000 after acquiring an additional 146 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $34,000. Finally, YANKCOM Partnership acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth approximately $45,000.

Vanguard Total Bond Market ETF Stock Down 0.4 %

BND stock opened at $73.00 on Tuesday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The company has a fifty day moving average price of $72.64 and a two-hundred day moving average price of $73.10.

Vanguard Total Bond Market ETF Cuts Dividend

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