Financial Strategies Group Inc. Purchases 11,706 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Financial Strategies Group Inc. grew its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 64.5% in the third quarter, HoldingsChannel.com reports. The fund owned 29,868 shares of the company’s stock after buying an additional 11,706 shares during the period. Financial Strategies Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Essex Financial Services Inc. raised its stake in Vanguard Total Bond Market ETF by 4.9% in the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock valued at $217,000 after acquiring an additional 140 shares during the period. Cahaba Wealth Management Inc. raised its position in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after purchasing an additional 142 shares during the period. Hill Investment Group Partners LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after buying an additional 144 shares during the last quarter. Towneley Capital Management Inc DE boosted its holdings in shares of Vanguard Total Bond Market ETF by 4.7% during the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after buying an additional 145 shares during the period. Finally, MN Wealth Advisors LLC grew its stake in Vanguard Total Bond Market ETF by 0.6% in the 2nd quarter. MN Wealth Advisors LLC now owns 25,115 shares of the company’s stock valued at $1,810,000 after buying an additional 151 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $72.95 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $69.36 and a twelve month high of $75.67. The company’s 50-day moving average price is $74.29 and its two-hundred day moving average price is $73.12.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2276 per share. 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 yield of 3.74%. The ex-dividend date of this dividend was Friday, November 1st.

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.