Vanguard Total Bond Market ETF (NASDAQ:BND) Stake Lowered by Okabena Investment Services Inc.

Okabena Investment Services Inc. decreased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 86,697 shares of the company’s stock after selling 617 shares during the period. Vanguard Total Bond Market ETF comprises 1.8% of Okabena Investment Services Inc.’s holdings, making the stock its 16th largest position. Okabena Investment Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $6,512,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Anfield Capital Management LLC lifted its stake in Vanguard Total Bond Market ETF by 4,650.0% in 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 last quarter. CVA Family Office LLC increased its holdings in shares of 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 worth $35,000 after acquiring an additional 399 shares during the period. 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 acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $40,000. Finally, American National Bank bought a new position in Vanguard Total Bond Market ETF in the 2nd quarter worth about $44,000.

Vanguard Total Bond Market ETF Stock Up 0.0 %

BND opened at $72.59 on Friday. The business’s 50 day moving average is $73.75 and its 200-day moving average is $73.26. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

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.