Turtle Creek Wealth Advisors LLC Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Turtle Creek Wealth Advisors LLC purchased a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,454 shares of the company’s stock, valued at approximately $259,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Essex Financial Services Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 4.9% in the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after buying an additional 140 shares during the last quarter. Cahaba Wealth Management Inc. lifted its position in Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after acquiring an additional 142 shares during the last quarter. Hill Investment Group Partners LLC boosted its holdings in Vanguard Total Bond Market ETF by 0.8% during the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock valued at $1,277,000 after acquiring an additional 144 shares during the period. Towneley Capital Management Inc DE grew its position in shares of Vanguard Total Bond Market ETF by 4.7% in the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after purchasing an additional 145 shares during the last quarter. Finally, Cypress Point Wealth Management LLC increased its stake in shares of Vanguard Total Bond Market ETF by 0.7% in the third quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock worth $1,498,000 after purchasing an additional 145 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND traded up $0.02 during trading hours on Friday, hitting $72.48. 18,467,423 shares of the company’s stock were exchanged, compared to its average volume of 6,581,755. The company’s 50-day moving average price is $74.02 and its 200-day moving average price is $73.20. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2276 per share. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.77%.

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.