Broadview Financial Management LLC Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Broadview Financial Management LLC boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 146,919 shares of the company’s stock after purchasing an additional 214 shares during the period. Vanguard Total Bond Market ETF comprises about 7.5% of Broadview Financial Management LLC’s investment portfolio, making the stock its 4th biggest position. Broadview Financial Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $11,035,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Essex Financial Services Inc. lifted its position in Vanguard Total Bond Market ETF by 4.9% during the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after buying an additional 140 shares in the last quarter. Cahaba Wealth Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 0.8% during the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after purchasing an additional 142 shares in the last quarter. Hill Investment Group Partners LLC lifted its position in shares of Vanguard Total Bond Market ETF by 0.8% during 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 in the last quarter. Towneley Capital Management Inc DE grew its stake in shares of Vanguard Total Bond Market ETF by 4.7% during the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after purchasing an additional 145 shares during the last quarter. Finally, Cypress Point Wealth Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 0.7% in the third quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after purchasing an additional 145 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.0 %

Shares of NASDAQ BND opened at $73.23 on Thursday. The firm’s 50-day moving average is $73.27 and its 200-day moving average is $73.42. 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 business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.2276 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a dividend yield of 3.73%. The ex-dividend date was Friday, November 1st.

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.