Straight Path Wealth Management Purchases 259 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Straight Path Wealth Management lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,625 shares of the company’s stock after buying an additional 259 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 0.9% of Straight Path Wealth Management’s holdings, making the stock its 15th biggest position. Straight Path Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $2,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning boosted its position in Vanguard Total Bond Market ETF by 8.6% during the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after purchasing an additional 7,248,297 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after buying an additional 6,253,040 shares in the last quarter. Axiom Advisory LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 20.7% during the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after buying an additional 4,794,485 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.4% during the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after buying an additional 417,578 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the second quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock worth $913,244,000 after buying an additional 746,645 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0 %

Shares of BND traded up $0.02 during midday trading on Friday, reaching $72.48. 18,467,423 shares of the stock were exchanged, compared to its average volume of 6,581,755. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The stock’s 50 day simple moving average is $74.02 and its 200 day simple moving average is $73.20.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2276 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.77%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly 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.