Cahill Financial Advisors Inc. Has $23.89 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cahill Financial Advisors Inc. lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.6% during the third quarter, HoldingsChannel reports. The firm owned 318,057 shares of the company’s stock after buying an additional 19,699 shares during the quarter. Vanguard Total Bond Market ETF comprises 3.3% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 6th largest holding. Cahill Financial Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $23,889,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC bought a new position in Vanguard Total Bond Market ETF during the first quarter worth about $198,000. BOKF NA raised its position in shares of Vanguard Total Bond Market ETF by 2.2% during the first quarter. BOKF NA now owns 37,755 shares of the company’s stock worth $2,715,000 after purchasing an additional 825 shares during the period. Ascent Group LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.5% during the 1st quarter. Ascent Group LLC now owns 16,912 shares of the company’s stock valued at $1,228,000 after purchasing an additional 1,029 shares in the last quarter. Waterford Advisors LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $738,000. Finally, Waverly Advisors LLC increased its stake in Vanguard Total Bond Market ETF by 292.0% during the 1st quarter. Waverly Advisors LLC now owns 30,898 shares of the company’s stock worth $2,244,000 after purchasing an additional 23,015 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0 %

Shares of BND opened at $72.59 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The firm’s 50 day moving average price is $73.75 and its two-hundred day moving average price is $73.26.

Vanguard Total Bond Market ETF Increases Dividend

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