Balboa Wealth Partners Has $678,000 Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Balboa Wealth Partners cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,026 shares of the company’s stock after selling 636 shares during the period. Balboa Wealth Partners’ holdings in Vanguard Total Bond Market ETF were worth $678,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of BND. Simmons Bank lifted its holdings in Vanguard Total Bond Market ETF by 21.0% during the 2nd quarter. Simmons Bank now owns 3,373 shares of the company’s stock valued at $243,000 after purchasing an additional 585 shares during the last quarter. Consolidated Portfolio Review Corp grew its stake in Vanguard Total Bond Market ETF by 12.4% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 4,532 shares of the company’s stock valued at $327,000 after buying an additional 499 shares during the last quarter. LJI Wealth Management LLC lifted its position in Vanguard Total Bond Market ETF by 7.3% during the second quarter. LJI Wealth Management LLC now owns 4,576 shares of the company’s stock worth $330,000 after acquiring an additional 311 shares during the last quarter. Jacobi Capital Management LLC increased its stake in shares of Vanguard Total Bond Market ETF by 12.6% during the first quarter. Jacobi Capital Management LLC now owns 18,222 shares of the company’s stock worth $1,323,000 after purchasing an additional 2,039 shares during the period. Finally, B & T Capital Management DBA Alpha Capital Management increased its stake in shares of Vanguard Total Bond Market ETF by 2.3% during the third quarter. B & T Capital Management DBA Alpha Capital Management now owns 15,187 shares of the company’s stock worth $1,141,000 after purchasing an additional 339 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $72.46 on Friday. The business has a fifty day simple moving average of $74.12 and a 200 day simple moving average of $73.19. Vanguard Total Bond Market ETF has a 1 year low of $70.03 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.2276 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.