Vanguard Total Bond Market ETF $BND Stake Lifted by Hobart Private Capital LLC

Hobart Private Capital LLC grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.9% during the second quarter, HoldingsChannel reports. The firm owned 350,744 shares of the company’s stock after buying an additional 67,555 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 4.4% of Hobart Private Capital LLC’s holdings, making the stock its 3rd largest holding. Hobart Private Capital LLC’s holdings in Vanguard Total Bond Market ETF were worth $25,748,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Private Client Services LLC increased its holdings in Vanguard Total Bond Market ETF by 1.9% during the 2nd quarter. Private Client Services LLC now owns 103,868 shares of the company’s stock worth $7,625,000 after purchasing an additional 1,955 shares during the last quarter. Dogwood Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth about $262,000. Trilogy Capital Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 10.8% in the 2nd quarter. Trilogy Capital Inc. now owns 819,832 shares of the company’s stock valued at $60,184,000 after buying an additional 80,006 shares during the period. General Partner Inc. bought a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at about $3,366,000. Finally, Atmos Advisory LLC grew its position in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Atmos Advisory LLC now owns 309,440 shares of the company’s stock valued at $22,716,000 after buying an additional 2,415 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $72.15 on Tuesday. The firm’s 50-day moving average price is $72.97 and its two-hundred day moving average price is $73.57. Vanguard Total Bond Market ETF has a 52-week low of $72.07 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.2516 per share. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Monday, August 3rd.

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.