Alesco Advisors LLC Has $127.93 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Alesco Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.4% during the third quarter, HoldingsChannel reports. The firm owned 1,703,230 shares of the company’s stock after purchasing an additional 40,237 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 4.0% of Alesco Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Alesco Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $127,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Optivise Advisory Services LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $826,000. Certified Advisory Corp increased its position in Vanguard Total Bond Market ETF by 23.9% in the third quarter. Certified Advisory Corp now owns 10,188 shares of the company’s stock worth $765,000 after buying an additional 1,968 shares during the last quarter. Nicolet Advisory Services LLC raised its stake in shares of Vanguard Total Bond Market ETF by 2.6% in the third quarter. Nicolet Advisory Services LLC now owns 274,498 shares of the company’s stock valued at $20,489,000 after buying an additional 6,996 shares during the period. Flagstar Advisors Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 9.4% during the 3rd quarter. Flagstar Advisors Inc. now owns 33,025 shares of the company’s stock valued at $2,481,000 after buying an additional 2,840 shares during the last quarter. Finally, Camden National Bank purchased a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at $233,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.59 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The business has a 50-day moving average of $73.75 and a 200 day moving average of $73.25.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.2276 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.73 annualized dividend and a dividend yield of 3.76%.

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.