Trellis Wealth Advisors LLC Grows Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Trellis Wealth Advisors LLC increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,007 shares of the company’s stock after purchasing an additional 22,246 shares during the quarter. Vanguard Total Bond Market ETF accounts for 4.4% of Trellis Wealth Advisors LLC’s holdings, making the stock its 8th biggest position. Trellis Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,713,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Salem Investment Counselors Inc. raised its position in Vanguard Total Bond Market ETF by 18.8% in the 1st quarter. Salem Investment Counselors Inc. now owns 1,411 shares of the company’s stock valued at $102,000 after buying an additional 223 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in Vanguard Total Bond Market ETF during the first quarter worth $45,000. Global Assets Advisory LLC bought a new position in Vanguard Total Bond Market ETF in the first quarter valued at $7,303,000. Capital Advisors Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF in the first quarter valued at $336,000. Finally, Von Berge Wealth Management Group LLC bought a new stake in Vanguard Total Bond Market ETF during the 1st quarter worth about $239,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.34 on Tuesday. The firm has a 50-day moving average of $74.65 and a 200-day moving average of $72.97. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

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.