Trellis Wealth Advisors LLC Has $8.71 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Trellis Wealth Advisors LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 116,007 shares of the company’s stock after buying an additional 22,246 shares during the period. Vanguard Total Bond Market ETF makes up 4.4% of Trellis Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Trellis Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,713,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Integrity Wealth Solutions LLC boosted its holdings in Vanguard Total Bond Market ETF by 3.0% in the third quarter. Integrity Wealth Solutions LLC now owns 25,750 shares of the company’s stock valued at $1,934,000 after acquiring an additional 757 shares during the last quarter. Stewardship Advisors LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at $1,181,000. Courage Miller Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 6.0% during the third quarter. Courage Miller Partners LLC now owns 227,427 shares of the company’s stock worth $17,082,000 after buying an additional 12,864 shares during the period. Eaton Cambridge Inc. raised its stake in Vanguard Total Bond Market ETF by 8.4% during the third quarter. Eaton Cambridge Inc. now owns 311,740 shares of the company’s stock worth $23,415,000 after buying an additional 24,115 shares during the last quarter. Finally, Northwest Investment Counselors LLC bought a new position in Vanguard Total Bond Market ETF during the third quarter worth $46,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.34 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $75.67. The business’s 50-day moving average is $74.65 and its 200-day moving average is $72.97.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.2255 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 3rd.

Vanguard Total Bond Market ETF 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.