Summit Trail Advisors LLC Boosts Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Summit Trail Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 380,895 shares of the company’s stock after acquiring an additional 2,564 shares during the quarter. Vanguard Total Bond Market ETF makes up about 0.7% of Summit Trail Advisors LLC’s holdings, making the stock its 21st largest holding. Summit Trail Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $28,609,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Essex Financial Services Inc. grew its stake 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 valued at $217,000 after acquiring an additional 140 shares in the last quarter. Cahaba Wealth Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after purchasing an additional 142 shares in the last quarter. Hill Investment Group Partners LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock valued at $1,277,000 after purchasing an additional 144 shares during the last quarter. Towneley Capital Management Inc DE lifted its position in 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 worth $244,000 after buying an additional 145 shares in the last quarter. Finally, Cypress Point Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 0.7% during the third quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock worth $1,498,000 after buying an additional 145 shares during 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 52-week low of $70.37 and a 52-week high of $75.67. The stock has a fifty day simple moving average of $73.75 and a two-hundred day simple moving average of $73.26.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2276 per share. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.76%. The ex-dividend date was Friday, November 1st.

Vanguard Total Bond Market ETF Company 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.