Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by First Horizon Advisors Inc.

First Horizon Advisors Inc. grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 56,552 shares of the company’s stock after buying an additional 1,651 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $4,075,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Marquette Asset Management LLC acquired a new stake in Vanguard Total Bond Market ETF in the first quarter valued at approximately $30,000. Lee Financial Co bought a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at $31,000. CVA Family Office LLC lifted its holdings in Vanguard Total Bond Market ETF by 443.3% in the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the period. Creative Capital Management Investments LLC bought a new stake in Vanguard Total Bond Market ETF during the first quarter worth approximately $42,000. Finally, Heritage Wealth Advisors acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $42,000.

Vanguard Total Bond Market ETF Stock Up 0.1 %

Shares of Vanguard Total Bond Market ETF stock traded up $0.11 on Tuesday, reaching $74.45. 1,067,059 shares of the company were exchanged, compared to its average volume of 6,758,894. The stock has a fifty day moving average price of $72.94 and a 200-day moving average price of $72.22. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.80.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were given a dividend of $0.2239 per share. This represents a $2.69 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend was Thursday, August 1st. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21.

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.