Peapack Gladstone Financial Corp Has $13.63 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Peapack Gladstone Financial Corp cut its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 181,448 shares of the company’s stock after selling 1,760 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Total Bond Market ETF were worth $13,628,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BND. Gradient Investments LLC boosted its position in Vanguard Total Bond Market ETF by 326.5% during the second quarter. Gradient Investments LLC now owns 998 shares of the company’s stock worth $72,000 after purchasing an additional 764 shares during the period. World Equity Group Inc. grew its stake in Vanguard Total Bond Market ETF by 8.6% in the 2nd quarter. World Equity Group Inc. now owns 3,496 shares of the company’s stock valued at $252,000 after buying an additional 276 shares during the last quarter. Calton & Associates Inc. acquired a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $209,000. Raymond James & Associates raised its holdings in Vanguard Total Bond Market ETF by 16.2% in the 2nd quarter. Raymond James & Associates now owns 2,224,164 shares of the company’s stock valued at $160,251,000 after acquiring an additional 310,550 shares during the period. Finally, Chesley Taft & Associates LLC lifted its position in Vanguard Total Bond Market ETF by 4.2% during the second quarter. Chesley Taft & Associates LLC now owns 38,590 shares of the company’s stock worth $2,780,000 after acquiring an additional 1,540 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $72.67 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The business has a 50 day moving average of $73.21 and a 200-day moving average of $73.42.

Vanguard Total Bond Market ETF Increases Dividend

The company 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 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 3.76%.

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.