Focused Wealth Management Inc Buys 17,553 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Focused Wealth Management Inc raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 329,863 shares of the company’s stock after purchasing an additional 17,553 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 3.3% of Focused Wealth Management Inc’s holdings, making the stock its 7th biggest holding. Focused Wealth Management Inc’s holdings in Vanguard Total Bond Market ETF were worth $24,776,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Marquette Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at $30,000. Anfield Capital Management LLC increased its position in shares of Vanguard Total Bond Market ETF by 4,650.0% in the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares during the last quarter. CVA Family Office LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 443.3% in the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after buying an additional 399 shares during the period. Ridgewood Investments LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $38,000. Finally, Family Asset Management LLC acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $40,000.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.01 on Wednesday. The firm has a 50-day moving average price of $74.34 and a two-hundred day moving average price of $73.13. Vanguard Total Bond Market ETF has a 52-week low of $69.36 and a 52-week 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 issued a $0.2276 dividend. 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. This represents a $2.73 annualized dividend and a dividend yield of 3.74%.

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.