Lowery Thomas LLC Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Lowery Thomas LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, Holdings Channel reports. The fund purchased 38,818 shares of the company’s stock, valued at approximately $2,916,000. Vanguard Total Bond Market ETF comprises 2.0% of Lowery Thomas LLC’s portfolio, making the stock its 16th largest position.

Several other large investors have also recently made changes to their positions in the stock. Essex Financial Services Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 4.9% during the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after purchasing an additional 140 shares in the last quarter. Cahaba Wealth Management Inc. lifted its holdings in Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after buying an additional 142 shares in the last quarter. Hill Investment Group Partners LLC boosted its position in Vanguard Total Bond Market ETF by 0.8% in the 2nd quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock valued at $1,277,000 after buying an additional 144 shares during the period. Towneley Capital Management Inc DE grew its stake in shares of Vanguard Total Bond Market ETF by 4.7% in the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after acquiring an additional 145 shares in the last quarter. Finally, Cypress Point Wealth Management LLC grew its stake in shares of Vanguard Total Bond Market ETF by 0.7% in the third quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock worth $1,498,000 after acquiring an additional 145 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1 %

Shares of NASDAQ BND opened at $72.55 on Tuesday. The business’s fifty day simple moving average is $73.97 and its 200-day simple moving average is $73.24. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.2276 dividend. This represents a $2.73 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost 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.