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

Summit Trail Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 380,895 shares of the company’s stock after buying an additional 2,564 shares during the period. Vanguard Total Bond Market ETF comprises about 0.7% of Summit Trail Advisors LLC’s portfolio, making the stock its 21st largest holding. Summit Trail Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $28,609,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of BND. Anfield Capital Management LLC grew its position in Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after buying an additional 465 shares during the period. CVA Family Office LLC grew its position in shares of Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after acquiring an additional 399 shares during the period. Ridgewood Investments LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $38,000. Family Asset Management LLC acquired a new position in Vanguard Total Bond Market ETF in the 2nd quarter worth about $40,000. Finally, American National Bank purchased a new position in Vanguard Total Bond Market ETF during the second quarter worth approximately $44,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.59 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The stock’s 50 day moving average is $73.75 and its two-hundred day moving average is $73.26.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared 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 of this dividend was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a yield of 3.76%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.