Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by Leavell Investment Management Inc.

Leavell Investment Management Inc. raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 223,634 shares of the company’s stock after acquiring an additional 22,936 shares during the quarter. Vanguard Total Bond Market ETF makes up about 0.8% of Leavell Investment Management Inc.’s holdings, making the stock its 24th biggest holding. Leavell Investment Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $16,797,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Essex Financial Services Inc. grew its stake in shares of 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 worth $217,000 after purchasing an additional 140 shares in the last quarter. Cahaba Wealth Management Inc. lifted its holdings in 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 worth $1,345,000 after buying an additional 142 shares during the last quarter. Hill Investment Group Partners LLC boosted its position in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd 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 in the last quarter. Towneley Capital Management Inc DE increased its holdings in shares of 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 acquiring an additional 145 shares during the last quarter. Finally, MN Wealth Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 0.6% during the 2nd quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock worth $1,810,000 after acquiring an additional 151 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock traded up $0.09 during trading on Friday, hitting $73.04. 1,536,243 shares of the company’s stock were exchanged, compared to its average volume of 6,521,426. Vanguard Total Bond Market ETF has a 52-week low of $69.36 and a 52-week high of $75.67. The business has a 50-day moving average price of $74.29 and a two-hundred day moving average price of $73.12.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.2276 dividend. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.74%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st.

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.