Mitchell Mcleod Pugh & Williams Inc. Grows Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Mitchell Mcleod Pugh & Williams Inc. grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,462 shares of the company’s stock after purchasing an additional 3,685 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,402,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Essex Financial Services Inc. raised its stake in Vanguard Total Bond Market ETF by 4.9% in the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock valued at $217,000 after buying an additional 140 shares during the last quarter. Paulson Wealth Management Inc. raised its position in shares of Vanguard Total Bond Market ETF by 3.7% in the 4th quarter. Paulson Wealth Management Inc. now owns 3,990 shares of the company’s stock valued at $293,000 after purchasing an additional 141 shares during the last quarter. Security Financial Services INC. boosted its stake in Vanguard Total Bond Market ETF by 0.4% in the 1st quarter. Security Financial Services INC. now owns 36,527 shares of the company’s stock worth $2,653,000 after purchasing an additional 150 shares in the last quarter. Family CFO Inc boosted its stake in Vanguard Total Bond Market ETF by 8.4% in the 1st quarter. Family CFO Inc now owns 1,943 shares of the company’s stock worth $141,000 after purchasing an additional 151 shares in the last quarter. Finally, MN Wealth Advisors LLC grew its position in Vanguard Total Bond Market ETF by 0.6% during the 2nd quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock worth $1,810,000 after purchasing an additional 151 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

Shares of NASDAQ BND traded down $0.15 during midday trading on Friday, reaching $74.36. The company had a trading volume of 5,037,509 shares, compared to its average volume of 6,665,681. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.85. The business’s 50-day simple moving average is $73.32 and its 200 day simple moving average is $72.35.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were given a dividend of $0.2239 per share. The ex-dividend date was Thursday, August 1st. This represents a $2.69 dividend on an annualized basis and a yield of 3.61%. 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.