Integrated Wealth Concepts LLC Acquires 136,404 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Integrated Wealth Concepts LLC grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 20.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 817,328 shares of the company’s stock after buying an additional 136,404 shares during the period. Vanguard Total Bond Market ETF accounts for 0.7% of Integrated Wealth Concepts LLC’s investment portfolio, making the stock its 20th largest position. Integrated Wealth Concepts LLC’s holdings in Vanguard Total Bond Market ETF were worth $61,390,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BND. Essex Financial Services Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 4.9% during the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock valued at $217,000 after acquiring an additional 140 shares during the last quarter. Cahaba Wealth Management Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after purchasing an additional 142 shares in the last quarter. Hill Investment Group Partners LLC raised its position in Vanguard Total Bond Market ETF by 0.8% in 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 during the period. Towneley Capital Management Inc DE boosted its position in Vanguard Total Bond Market ETF by 4.7% during 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, Cypress Point Wealth Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 0.7% in the third quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock worth $1,498,000 after buying an additional 145 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.51 on Tuesday. The stock’s 50 day simple moving average is $73.54 and its 200 day simple moving average is $73.34. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2276 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend 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.