Cahill Wealth Management LLC Sells 4,503 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Cahill Wealth Management LLC reduced its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 53,123 shares of the company’s stock after selling 4,503 shares during the period. Vanguard Total Bond Market ETF accounts for about 2.1% of Cahill Wealth Management LLC’s portfolio, making the stock its 10th largest position. Cahill Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,990,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in BND. Anfield Capital Management LLC boosted its position in Vanguard Total Bond Market ETF by 4,650.0% in the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after buying an additional 465 shares in the last quarter. CVA Family Office LLC boosted its position in Vanguard Total Bond Market ETF by 443.3% in the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after buying an additional 399 shares in the last quarter. Ridgewood Investments LLC acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at about $38,000. Family Asset Management LLC acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at about $40,000. Finally, American National Bank acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at about $44,000.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of NASDAQ BND opened at $73.09 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $69.36 and a 1-year high of $75.67. The company has a 50-day moving average of $74.24 and a two-hundred day moving average of $73.14.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.2276 dividend. 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. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.74%.

About Vanguard Total Bond Market ETF

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.