First Citizens Asset Management Inc. Buys 207 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

First Citizens Asset Management Inc. grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,406 shares of the company’s stock after purchasing an additional 207 shares during the quarter. First Citizens Asset Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $256,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Essex Financial Services Inc. raised its holdings in Vanguard Total Bond Market ETF by 4.9% in 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. grew its position in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after purchasing an additional 142 shares during the last quarter. Hill Investment Group Partners LLC increased its stake in shares of Vanguard Total Bond Market ETF by 0.8% in 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 lifted its position in shares of Vanguard Total Bond Market ETF by 4.7% during the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after purchasing an additional 145 shares during the last quarter. Finally, MN Wealth Advisors LLC boosted its position in shares of Vanguard Total Bond Market ETF by 0.6% in the second quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock valued at $1,810,000 after acquiring an additional 151 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.2 %

BND stock traded down $0.18 on Tuesday, reaching $72.65. 2,233,735 shares of the company were exchanged, compared to its average volume of 6,526,344. Vanguard Total Bond Market ETF has a 12 month low of $69.36 and a 12 month high of $75.67. The stock’s fifty day moving average price is $74.37 and its 200 day moving average price is $73.11.

Vanguard Total Bond Market ETF Increases Dividend

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

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.