Capital Investment Services of America Inc. Cuts Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Capital Investment Services of America Inc. lessened its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,905 shares of the company’s stock after selling 725 shares during the quarter. Capital Investment Services of America Inc.’s holdings in Vanguard Total Bond Market ETF were worth $5,626,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in BND. Essex Financial Services Inc. raised its holdings in 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 valued at $217,000 after buying an additional 140 shares during the period. Cahaba Wealth Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after acquiring an additional 142 shares during the period. Hill Investment Group Partners LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock valued at $1,277,000 after acquiring an additional 144 shares in the last quarter. Towneley Capital Management Inc DE boosted its position in Vanguard Total Bond Market ETF by 4.7% during the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after purchasing an additional 145 shares during the period. Finally, MN Wealth Advisors LLC increased its holdings in Vanguard Total Bond Market ETF by 0.6% in the 2nd quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock valued at $1,810,000 after purchasing an additional 151 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.4 %

NASDAQ:BND traded up $0.30 during mid-day trading on Monday, hitting $72.84. The company had a trading volume of 2,278,393 shares, compared to its average volume of 6,524,986. Vanguard Total Bond Market ETF has a 1 year low of $69.36 and a 1 year high of $75.67. The business has a fifty day simple moving average of $74.41 and a 200-day simple moving average of $73.10.

Vanguard Total Bond Market ETF Increases Dividend

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

Vanguard Total Bond Market ETF Company 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.