Cedar Mountain Advisors LLC Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cedar Mountain Advisors LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 10,768 shares of the company’s stock, valued at approximately $809,000.

Other institutional investors have also recently made changes to their positions in the company. Marquette Asset Management LLC purchased a new position in Vanguard Total Bond Market ETF in the 1st quarter valued at about $30,000. Anfield Capital Management LLC increased its position in shares of Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares in the last quarter. CVA Family Office LLC raised its stake in Vanguard Total Bond Market ETF by 443.3% in the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after purchasing an additional 399 shares during the last quarter. Ridgewood Investments LLC purchased a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at $38,000. Finally, Family Asset Management LLC acquired a new stake in Vanguard Total Bond Market ETF during the 2nd quarter worth $40,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND traded up $0.28 during mid-day trading on Tuesday, reaching $74.05. The company’s stock had a trading volume of 2,939,394 shares, compared to its average volume of 6,612,179. The stock has a 50-day moving average of $74.64 and a two-hundred day moving average of $72.91. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.2255 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

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.