Wealth Effects LLC Grows Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Wealth Effects LLC raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 48.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,741 shares of the company’s stock after purchasing an additional 3,190 shares during the quarter. Wealth Effects LLC’s holdings in Vanguard Total Bond Market ETF were worth $732,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BND. Marquette Asset Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the first quarter worth approximately $30,000. Anfield Capital Management LLC increased 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 worth $34,000 after purchasing an additional 465 shares during the period. CVA Family Office LLC lifted its position in shares of Vanguard Total Bond Market ETF by 443.3% during the second 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 last quarter. Ridgewood Investments LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the second quarter valued at $38,000. Finally, Family Asset Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth about $40,000.

Vanguard Total Bond Market ETF Trading Down 0.6 %

BND stock traded down $0.42 during trading on Monday, hitting $73.42. The company had a trading volume of 2,509,717 shares, compared to its average volume of 6,579,368. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $75.67. The company has a 50 day simple moving average of $74.66 and a 200-day simple moving average of $72.97.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.2255 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.