FSA Wealth Management LLC Makes New Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

FSA Wealth Management LLC acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 12,604 shares of the company’s stock, valued at approximately $947,000. Vanguard Total Bond Market ETF accounts for approximately 0.4% of FSA Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds have also modified their holdings of the stock. Simmons Bank grew its stake in Vanguard Total Bond Market ETF by 21.0% during the second quarter. Simmons Bank now owns 3,373 shares of the company’s stock worth $243,000 after buying an additional 585 shares during the last quarter. Estate Counselors LLC increased its holdings in Vanguard Total Bond Market ETF by 42.8% during the 3rd quarter. Estate Counselors LLC now owns 23,638 shares of the company’s stock valued at $1,772,000 after purchasing an additional 7,083 shares in the last quarter. Consolidated Portfolio Review Corp raised its position in Vanguard Total Bond Market ETF by 12.4% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 4,532 shares of the company’s stock valued at $327,000 after purchasing an additional 499 shares during the last quarter. LJI Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 7.3% in the second quarter. LJI Wealth Management LLC now owns 4,576 shares of the company’s stock worth $330,000 after purchasing an additional 311 shares in the last quarter. Finally, B & T Capital Management DBA Alpha Capital Management grew its holdings in shares of Vanguard Total Bond Market ETF by 2.3% during the third quarter. B & T Capital Management DBA Alpha Capital Management now owns 15,187 shares of the company’s stock worth $1,141,000 after purchasing an additional 339 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.4 %

Vanguard Total Bond Market ETF stock opened at $73.60 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The stock has a 50-day simple moving average of $73.54 and a 200 day simple moving average of $73.33.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.2276 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.71%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date 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.