Gladstone Institutional Advisory LLC Has $1.30 Million Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Gladstone Institutional Advisory LLC raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.5% in the third quarter, HoldingsChannel.com reports. The firm owned 17,282 shares of the company’s stock after purchasing an additional 251 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,298,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BND. Fonville Wealth Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 10.5% in the 3rd quarter. Fonville Wealth Management LLC now owns 201,135 shares of the company’s stock valued at $15,107,000 after purchasing an additional 19,032 shares during the last quarter. Human Investing LLC lifted its holdings in Vanguard Total Bond Market ETF by 14.3% in the third quarter. Human Investing LLC now owns 60,288 shares of the company’s stock valued at $4,528,000 after buying an additional 7,535 shares during the period. Values Added Financial LLC boosted its position in Vanguard Total Bond Market ETF by 8.0% during the third quarter. Values Added Financial LLC now owns 123,206 shares of the company’s stock valued at $9,254,000 after acquiring an additional 9,152 shares during the last quarter. Lebenthal Global Advisors LLC boosted its position in Vanguard Total Bond Market ETF by 3.1% during the third quarter. Lebenthal Global Advisors LLC now owns 39,100 shares of the company’s stock valued at $2,937,000 after acquiring an additional 1,177 shares during the last quarter. Finally, TPG Advisors LLC grew its holdings in Vanguard Total Bond Market ETF by 12.2% during the 3rd quarter. TPG Advisors LLC now owns 18,920 shares of the company’s stock worth $1,421,000 after acquiring an additional 2,057 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.54 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $69.22 and a 1-year high of $75.67. The stock has a 50-day moving average price of $74.41 and a 200-day moving average price of $73.08.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be paid a $0.2276 dividend. The ex-dividend date of this dividend is 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 annualized dividend and a yield of 3.77%.

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.