United Advisor Group LLC Sells 644 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

United Advisor Group LLC trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.9% during the third quarter, Holdings Channel reports. The institutional investor owned 8,683 shares of the company’s stock after selling 644 shares during the quarter. United Advisor Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $652,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Essex Financial Services Inc. increased its position in Vanguard Total Bond Market ETF by 4.9% in the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after purchasing an additional 140 shares during the period. Cahaba Wealth Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after buying an additional 142 shares during the period. Hill Investment Group Partners LLC raised its stake in shares of Vanguard Total Bond Market ETF by 0.8% during the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after buying an additional 144 shares during the last quarter. Towneley Capital Management Inc DE lifted its holdings in Vanguard Total Bond Market ETF by 4.7% in the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after buying an additional 145 shares during the period. Finally, MN Wealth Advisors LLC lifted its holdings in Vanguard Total Bond Market ETF by 0.6% in the second quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock valued at $1,810,000 after buying an additional 151 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.2 %

BND opened at $73.01 on Wednesday. The company has a fifty day moving average price of $74.34 and a two-hundred day moving average price of $73.13. Vanguard Total Bond Market ETF has a 52 week low of $69.36 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.2276 dividend. This represents a $2.73 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

Vanguard Total Bond Market ETF Company 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.