Acorn Wealth Advisors LLC Buys 51,181 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Acorn Wealth Advisors LLC increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 24.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 259,540 shares of the company’s stock after buying an additional 51,181 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 8.4% of Acorn Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding. Acorn Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $19,494,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Anfield Capital Management LLC increased its stake in shares of 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 worth $34,000 after acquiring an additional 465 shares during the period. CVA Family Office LLC grew its position in Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at about $38,000. Family Asset Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $40,000. Finally, American National Bank purchased a new stake in shares of Vanguard Total Bond Market ETF in the second quarter worth about $44,000.

Vanguard Total Bond Market ETF Stock Up 0.7 %

Vanguard Total Bond Market ETF stock traded up $0.54 during midday trading on Monday, hitting $73.13. 722,584 shares of the company were exchanged, compared to its average volume of 6,551,042. The business has a fifty day simple moving average of $73.75 and a two-hundred day simple moving average of $73.28. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

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.