From MarketBeat: Meridian Wealth Management LLC Grows Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

From MarketBeat:



Meridian Wealth Management LLC has significantly increased its position in the Vanguard Total Bond Market ETF by 930.3% in the third quarter, now owning 38,173 shares worth $2,664,000. Other large investors have also made significant changes to their positions in the company. In Nasdaq trading, Vanguard Total Bond Market ETF stock opened at $73.36 on Tuesday, with a 1-year low of $67.99 and a high of $74.90. The company has also increased its monthly dividend to $0.2105, representing a $2.53 annualized dividend and a yield of 3.44%.

The Vanguard Total Bond Market ETF is an exchange-traded fund that invests mostly in investment-grade fixed income and is managed by Vanguard. This news alert was generated by MarketBeat’s narrative science technology and reviewed by its editorial team. The report concludes with recommendations for other stocks that analysts believe are better buys than the Vanguard Total Bond Market ETF.



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