Sand Hill Global Advisors LLC Has $604,000 Position in Vanguard Total Bond Market ETF $BND

Sand Hill Global Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 34.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,228 shares of the company’s stock after buying an additional 2,120 shares during the quarter. Sand Hill Global Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $604,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BND. Cheviot Value Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $25,000. Ameriflex Group Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. grew its position in shares of Vanguard Total Bond Market ETF by 96.3% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock valued at $35,000 after purchasing an additional 232 shares during the period. Park Square Financial Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $37,000. Finally, Proathlete Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $39,000.

Vanguard Total Bond Market ETF Trading Down 0.1%

Shares of BND opened at $73.36 on Tuesday. The stock has a 50 day simple moving average of $73.13 and a 200 day simple moving average of $72.89. Vanguard Total Bond Market ETF has a 52-week low of $71.10 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 5th. Shareholders of record on Friday, August 1st were paid a $0.2419 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Friday, August 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24.

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.