Steele Capital Management Inc. Buys 90,038 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Steele Capital Management Inc. raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 27.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 422,345 shares of the company’s stock after acquiring an additional 90,038 shares during the period. Vanguard Total Bond Market ETF makes up approximately 1.7% of Steele Capital Management Inc.’s holdings, making the stock its 17th biggest holding. Steele Capital Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $31,722,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Creative Planning lifted its position in Vanguard Total Bond Market ETF by 11.5% during the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after purchasing an additional 8,691,058 shares during the period. Arizona PSPRS Trust purchased a new position in Vanguard Total Bond Market ETF during the second quarter valued at $472,909,000. Axiom Advisory LLC grew its position in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after purchasing an additional 4,794,485 shares during the period. Cetera Investment Advisers raised its position in shares of Vanguard Total Bond Market ETF by 123.9% during the 1st quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock worth $349,154,000 after purchasing an additional 2,660,678 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in Vanguard Total Bond Market ETF by 4,630.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,136,615 shares of the company’s stock worth $153,943,000 after buying an additional 2,091,450 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.1 %

NASDAQ:BND opened at $72.60 on Thursday. The stock has a 50 day moving average of $73.86 and a two-hundred day moving average of $73.25. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2276 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.76%. The ex-dividend date was 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.