Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by Madden Advisory Services Inc.

Madden Advisory Services Inc. boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 47.7% in the 3rd quarter, Holdings Channel reports. The firm owned 7,683 shares of the company’s stock after purchasing an additional 2,481 shares during the period. Madden Advisory Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $577,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Essex Financial Services Inc. lifted its position in Vanguard Total Bond Market ETF by 4.9% during the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after acquiring an additional 140 shares during the period. Cahaba Wealth Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 0.8% during the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after purchasing an additional 142 shares during the last quarter. Hill Investment Group Partners LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.8% during the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after purchasing an additional 144 shares during the period. Towneley Capital Management Inc DE grew its position 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 during the last quarter. Finally, MN Wealth Advisors LLC increased 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 during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.83 on Tuesday. Vanguard Total Bond Market ETF has a one year low of $69.36 and a one year high of $75.67. The firm has a fifty day moving average of $74.37 and a two-hundred day moving average of $73.11.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be given a $0.2276 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a yield of 3.75%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.