Equity Investment Corp Takes $468,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Equity Investment Corp acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,225 shares of the company’s stock, valued at approximately $468,000.

A number of other institutional investors have also modified their holdings of the company. Essex Financial Services Inc. grew its stake in shares of 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 valued at $217,000 after buying an additional 140 shares in the last quarter. Cahaba Wealth Management Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after buying an additional 142 shares in the last quarter. Hill Investment Group Partners LLC grew its stake in Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after purchasing an additional 144 shares in the last quarter. Towneley Capital Management Inc DE grew its stake in Vanguard Total Bond Market ETF by 4.7% during the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after purchasing an additional 145 shares in the last quarter. Finally, Cypress Point Wealth Management LLC grew its stake in Vanguard Total Bond Market ETF by 0.7% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock worth $1,498,000 after purchasing an additional 145 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND opened at $72.48 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The business has a fifty day moving average price of $74.02 and a 200 day moving average price of $73.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.2276 per share. This represents a $2.73 annualized dividend and a yield of 3.77%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st.

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.