McAdam LLC Increases Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

McAdam LLC lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,313 shares of the company’s stock after acquiring an additional 1,177 shares during the period. McAdam LLC’s holdings in Vanguard Total Bond Market ETF were worth $700,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Essex Financial Services Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 4.9% in the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after buying an additional 140 shares in the last quarter. Cahaba Wealth Management Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after buying an additional 142 shares in the last quarter. Hill Investment Group Partners LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after buying an additional 144 shares in the last quarter. Towneley Capital Management Inc DE lifted its stake in shares of Vanguard Total Bond Market ETF by 4.7% in the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after buying an additional 145 shares in the last quarter. Finally, Family CFO Inc lifted its stake in shares of Vanguard Total Bond Market ETF by 8.4% in the first quarter. Family CFO Inc now owns 1,943 shares of the company’s stock worth $141,000 after buying an additional 151 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.31 on Friday. The company’s 50 day moving average is $74.60 and its 200 day moving average is $72.99. Vanguard Total Bond Market ETF has a twelve month low of $68.20 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.2255 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.