Icon Wealth Advisors LLC Buys 28,302 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Icon Wealth Advisors LLC grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1,048.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 31,001 shares of the company’s stock after buying an additional 28,302 shares during the period. Icon Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,328,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BND. O Shaughnessy Asset Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter worth approximately $198,000. Capital Group Private Client Services Inc. bought a new stake in Vanguard Total Bond Market ETF during the first quarter valued at $354,000. Stonebridge Capital Advisors LLC grew its holdings in Vanguard Total Bond Market ETF by 107.8% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 7,421 shares of the company’s stock worth $539,000 after acquiring an additional 3,850 shares during the period. LRI Investments LLC acquired a new stake in Vanguard Total Bond Market ETF during the 1st quarter worth about $425,000. Finally, Kestra Advisory Services LLC raised its position in shares of Vanguard Total Bond Market ETF by 15.0% in the 1st quarter. Kestra Advisory Services LLC now owns 269,679 shares of the company’s stock worth $19,587,000 after acquiring an additional 35,181 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.56 on Friday. The stock’s 50-day moving average is $73.81 and its 200 day moving average is $73.24. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.2276 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.76%.

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.