Private Wealth Management Group LLC Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Private Wealth Management Group LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 395.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,935 shares of the company’s stock after acquiring an additional 11,125 shares during the quarter. Private Wealth Management Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,047,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Essex Financial Services Inc. lifted its holdings in Vanguard Total Bond Market ETF by 4.9% during the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock valued at $217,000 after purchasing an additional 140 shares during the last quarter. Cahaba Wealth Management Inc. lifted its stake 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 buying an additional 142 shares in the last quarter. Hill Investment Group Partners LLC boosted its holdings 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 buying an additional 144 shares during the period. Towneley Capital Management Inc DE grew its stake in Vanguard Total Bond Market ETF by 4.7% in the 3rd 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 in the last quarter. Finally, MN Wealth Advisors LLC grew its stake in Vanguard Total Bond Market ETF by 0.6% in the 2nd quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock valued at $1,810,000 after buying an additional 151 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.4 %

Shares of NASDAQ:BND traded down $0.28 during trading on Friday, hitting $72.54. 6,409,880 shares of the company were exchanged, compared to its average volume of 6,545,016. Vanguard Total Bond Market ETF has a 52-week low of $69.22 and a 52-week high of $75.67. The stock has a 50 day moving average of $74.41 and a 200 day moving average of $73.08.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be paid a $0.2276 dividend. The ex-dividend date is Friday, November 1st. This represents a $2.73 annualized dividend and a yield of 3.77%. 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.