Truvestments Capital LLC Buys New Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Truvestments Capital LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 679 shares of the company’s stock, valued at approximately $51,000.

A number of other hedge funds have also modified their holdings of the company. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 8.6% in the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after buying an additional 7,248,297 shares in the last quarter. Axiom Advisory LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after buying an additional 4,794,485 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.4% in the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after buying an additional 417,578 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after buying an additional 518,083 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.3% in the second quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock worth $913,244,000 after buying an additional 746,645 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.33 on Thursday. The company’s fifty day moving average price is $73.61 and its 200-day moving average price is $73.30. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid 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 was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a yield of 3.73%.

Vanguard Total Bond Market ETF Profile

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.