MidAtlantic Capital Management Inc. Makes New $419,000 Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

MidAtlantic Capital Management Inc. acquired a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 5,581 shares of the company’s stock, valued at approximately $419,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Anfield Capital Management LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 4,650.0% in the 2nd 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 lifted its position in Vanguard Total Bond Market ETF by 443.3% in the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after purchasing an additional 399 shares during the last quarter. Ridgewood Investments LLC bought a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $38,000. Family Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $40,000. Finally, American National Bank bought a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $44,000.

Vanguard Total Bond Market ETF Trading Down 0.3 %

Shares of NASDAQ:BND opened at $72.28 on Monday. The company’s 50-day moving average price is $74.02 and its 200 day moving average price is $73.23. 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 company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.2276 dividend. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.78%.

Vanguard Total Bond Market ETF 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.