Maiden Cove Capital LLC Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Maiden Cove Capital LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 4,734 shares of the company’s stock, valued at approximately $338,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creative Planning lifted its stake in shares of Vanguard Total Bond Market ETF by 11.5% in the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after buying an additional 8,691,058 shares in the last quarter. Arizona PSPRS Trust acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $472,909,000. Vanguard Group Inc. increased its holdings in Vanguard Total Bond Market ETF by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after purchasing an additional 6,253,040 shares in the last quarter. Axiom Advisory LLC raised its stake in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after purchasing an additional 4,794,485 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of Vanguard Total Bond Market ETF by 123.9% in the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after purchasing an additional 2,660,678 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of NASDAQ:BND traded up $0.14 during mid-day trading on Friday, hitting $73.09. 5,398,497 shares of the company traded hands, compared to its average volume of 6,539,219. The stock has a 50-day moving average price of $74.24 and a two-hundred day moving average price of $73.14. Vanguard Total Bond Market ETF has a 12-month low of $69.36 and a 12-month high of $75.67.

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 $0.2276 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.73 annualized dividend and a dividend yield of 3.74%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.