Davis R M Inc. Has $539,000 Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Davis R M Inc. reduced its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,177 shares of the company’s stock after selling 1,464 shares during the quarter. Davis R M Inc.’s holdings in Vanguard Total Bond Market ETF were worth $539,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. O Shaughnessy Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF in the first quarter worth $198,000. Waverly Advisors LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 292.0% during the 1st quarter. Waverly Advisors LLC now owns 30,898 shares of the company’s stock worth $2,244,000 after acquiring an additional 23,015 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new position in shares of Vanguard Total Bond Market ETF during the 1st quarter valued at about $1,781,000. Beacon Capital Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 1,178.2% during the 1st quarter. Beacon Capital Management LLC now owns 2,697 shares of the company’s stock valued at $196,000 after acquiring an additional 2,486 shares during the last quarter. Finally, William Howard & Co Financial Advisors Inc bought a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $3,686,000.

Vanguard Total Bond Market ETF Stock Up 0.9 %

Shares of Vanguard Total Bond Market ETF stock opened at $73.26 on Tuesday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The stock has a 50 day moving average price of $73.70 and a two-hundred day moving average price of $73.29.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2276 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a yield of 3.73%.

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.