Camden National Bank Acquires New Shares in Vanguard Total Bond Market ETF (NASDAQ:BND)

Camden National Bank acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, Holdings Channel reports. The fund acquired 3,101 shares of the company’s stock, valued at approximately $233,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. GenTrust LLC raised its stake in Vanguard Total Bond Market ETF by 22.8% during the 3rd quarter. GenTrust LLC now owns 1,184,672 shares of the company’s stock valued at $88,981,000 after acquiring an additional 219,802 shares in the last quarter. Nwam LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $14,376,000. Meridian Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $23,606,000. Studio Investment Management LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $92,000. Finally, Icon Wealth Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 1,048.6% during the 3rd quarter. Icon Wealth Advisors LLC now owns 31,001 shares of the company’s stock valued at $2,328,000 after acquiring an additional 28,302 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0 %

Shares of Vanguard Total Bond Market ETF stock opened at $72.59 on Friday. The business’s fifty day moving average price is $73.75 and its two-hundred day moving average price is $73.26. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2276 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.73 annualized dividend and a yield of 3.76%. This is an increase 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.