Lutz Financial Services LLC Grows Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Lutz Financial Services LLC grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,081,417 shares of the company’s stock after purchasing an additional 44,007 shares during the quarter. Vanguard Total Bond Market ETF accounts for 6.6% of Lutz Financial Services LLC’s holdings, making the stock its 4th largest position. Lutz Financial Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $81,225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BND. Allspring Global Investments Holdings LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 22.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 283,625 shares of the company’s stock valued at $20,600,000 after purchasing an additional 52,000 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Vanguard Total Bond Market ETF by 37.1% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 178,815 shares of the company’s stock valued at $12,987,000 after purchasing an additional 48,409 shares in the last quarter. Rehmann Capital Advisory Group boosted its stake in Vanguard Total Bond Market ETF by 3.1% during the first quarter. Rehmann Capital Advisory Group now owns 47,719 shares of the company’s stock worth $3,466,000 after buying an additional 1,430 shares during the period. TFB Advisors LLC purchased a new position in Vanguard Total Bond Market ETF during the first quarter worth $410,000. Finally, Signaturefd LLC boosted its stake in Vanguard Total Bond Market ETF by 2.5% during the first quarter. Signaturefd LLC now owns 732,603 shares of the company’s stock worth $53,209,000 after buying an additional 18,049 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.6 %

NASDAQ BND opened at $72.96 on Monday. The company has a fifty day moving average of $74.41 and a two-hundred day moving average of $73.10. 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 company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.2276 per share. This represents a $2.73 annualized dividend and a yield of 3.74%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date is Friday, November 1st.

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.