Vanguard Total Bond Market ETF (NASDAQ:BND) Stake Increased by Main Line Retirement Advisors LLC

Main Line Retirement Advisors LLC grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 144,691 shares of the company’s stock after purchasing an additional 13,109 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 7.5% of Main Line Retirement Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Main Line Retirement Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $10,868,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BND. Essex Financial Services Inc. increased its holdings in Vanguard Total Bond Market ETF by 4.9% in the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after buying an additional 140 shares in the last quarter. Cahaba Wealth Management Inc. boosted its holdings 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 valued at $1,345,000 after acquiring an additional 142 shares during the last quarter. Hill Investment Group Partners LLC grew its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after acquiring an additional 144 shares during the period. Towneley Capital Management Inc DE raised its holdings in shares of 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 purchasing an additional 145 shares during the last quarter. Finally, Cypress Point Wealth Management LLC lifted its position in Vanguard Total Bond Market ETF by 0.7% during the third quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after purchasing an additional 145 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.41 on Wednesday. The firm’s 50 day moving average is $73.34 and its 200 day moving average is $73.41. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company 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. The ex-dividend date was Friday, November 1st. This represents a $2.73 annualized dividend and a dividend yield of 3.72%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.