Deseret Mutual Benefit Administrators Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Deseret Mutual Benefit Administrators increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 95,315 shares of the company’s stock after acquiring an additional 857 shares during the quarter. Vanguard Total Bond Market ETF makes up 3.6% of Deseret Mutual Benefit Administrators’ holdings, making the stock its 3rd largest holding. Deseret Mutual Benefit Administrators’ holdings in Vanguard Total Bond Market ETF were worth $7,159,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Simmons Bank raised its stake in shares of Vanguard Total Bond Market ETF by 21.0% during the 2nd quarter. Simmons Bank now owns 3,373 shares of the company’s stock worth $243,000 after purchasing an additional 585 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 18.6% during the 1st quarter. Advisory Services Network LLC now owns 44,800 shares of the company’s stock worth $3,254,000 after purchasing an additional 7,035 shares in the last quarter. Consolidated Portfolio Review Corp grew its holdings in shares of Vanguard Total Bond Market ETF by 12.4% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 4,532 shares of the company’s stock worth $327,000 after purchasing an additional 499 shares in the last quarter. LJI Wealth Management LLC increased its position in shares of Vanguard Total Bond Market ETF by 7.3% during the second quarter. LJI Wealth Management LLC now owns 4,576 shares of the company’s stock valued at $330,000 after purchasing an additional 311 shares during the period. Finally, Jacobi Capital Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 12.6% in the first quarter. Jacobi Capital Management LLC now owns 18,222 shares of the company’s stock valued at $1,323,000 after purchasing an additional 2,039 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $72.59 on Thursday. Vanguard Total Bond Market ETF has a twelve month low of $69.36 and a twelve month high of $75.67. The company’s 50-day simple moving average is $74.29 and its 200 day simple moving average is $73.12.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.2276 dividend. The ex-dividend date of this dividend 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 dividend yield of 3.76%.

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.