Keudell Morrison Wealth Management Raises Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Keudell Morrison Wealth Management lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,167 shares of the company’s stock after buying an additional 475 shares during the period. Keudell Morrison Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $613,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of BND. Marquette Asset Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter worth approximately $30,000. Anfield Capital Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 4,650.0% during the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares during the period. CVA Family Office LLC raised 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 worth $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth approximately $38,000. Finally, Family Asset Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth approximately $40,000.

Vanguard Total Bond Market ETF Stock Up 0.6 %

Shares of Vanguard Total Bond Market ETF stock traded up $0.41 on Thursday, reaching $72.82. 875,221 shares of the company were exchanged, compared to its average volume of 6,516,922. The company’s 50-day moving average is $74.29 and its two-hundred day moving average is $73.12. Vanguard Total Bond Market ETF has a 1-year low of $69.36 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.2276 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.75%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Friday, November 1st.

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.