Optivise Advisory Services LLC Acquires New Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Optivise Advisory Services LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,993 shares of the company’s stock, valued at approximately $826,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at about $198,000. Kestra Advisory Services LLC raised its stake in shares of Vanguard Total Bond Market ETF by 15.0% during the 1st quarter. Kestra Advisory Services LLC now owns 269,679 shares of the company’s stock worth $19,587,000 after purchasing an additional 35,181 shares in the last quarter. BOKF NA boosted its holdings in shares of Vanguard Total Bond Market ETF by 2.2% in the 1st quarter. BOKF NA now owns 37,755 shares of the company’s stock valued at $2,715,000 after buying an additional 825 shares during the last quarter. Beaird Harris Wealth Management LLC grew its stake in shares of Vanguard Total Bond Market ETF by 8.2% in the first quarter. Beaird Harris Wealth Management LLC now owns 3,757 shares of the company’s stock valued at $273,000 after buying an additional 284 shares in the last quarter. Finally, Evergreen Wealth Solutions LLC acquired a new position in Vanguard Total Bond Market ETF during the first quarter worth $231,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $72.59 on Friday. The company’s 50-day moving average is $73.75 and its 200-day moving average is $73.25. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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