Cahaba Wealth Management Inc. Purchases 142 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Cahaba Wealth Management Inc. grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,673 shares of the company’s stock after purchasing an additional 142 shares during the period. Cahaba Wealth Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,345,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lake Street Advisors Group LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 4.1% in the 2nd quarter. Lake Street Advisors Group LLC now owns 662,564 shares of the company’s stock valued at $47,738,000 after purchasing an additional 26,390 shares in the last quarter. Advisor OS LLC bought a new stake in Vanguard Total Bond Market ETF in the second quarter worth $240,000. Savant Capital LLC boosted its position in Vanguard Total Bond Market ETF by 43.2% during the second quarter. Savant Capital LLC now owns 3,054,701 shares of the company’s stock valued at $220,091,000 after buying an additional 921,995 shares during the period. Addison Advisors LLC boosted its position in Vanguard Total Bond Market ETF by 24.7% during the second quarter. Addison Advisors LLC now owns 7,838 shares of the company’s stock valued at $565,000 after buying an additional 1,550 shares during the period. Finally, Farmers & Merchants Investments Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 6.0% during the second quarter. Farmers & Merchants Investments Inc. now owns 596,362 shares of the company’s stock valued at $42,968,000 after buying an additional 33,605 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $75.05 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $75.36. The stock has a 50-day moving average of $73.56 and a 200-day moving average of $72.44.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.2255 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 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.