Transcendent Capital Group LLC Increases Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Transcendent Capital Group LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1,526.8% in the third quarter, Holdings Channel reports. The institutional investor owned 24,581 shares of the company’s stock after buying an additional 23,070 shares during the quarter. Transcendent Capital Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,846,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Anfield Capital Management LLC raised its stake 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 purchasing an additional 465 shares in the last quarter. CVA Family Office LLC raised its position in shares of 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 valued at $35,000 after buying an additional 399 shares in the last quarter. Ridgewood Investments LLC bought a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $38,000. Family Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $40,000. Finally, American National Bank purchased a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth about $44,000.

Vanguard Total Bond Market ETF Price Performance

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 stock’s 50-day moving average is $74.24 and its 200 day moving average is $73.14.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared 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 annualized dividend and a yield of 3.74%.

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.