Alley Investment Management Company LLC Grows Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Alley Investment Management Company LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 191,087 shares of the company’s stock after buying an additional 8,648 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 1.9% of Alley Investment Management Company LLC’s holdings, making the stock its 23rd biggest position. Alley Investment Management Company LLC’s holdings in Vanguard Total Bond Market ETF were worth $13,768,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Marquette Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the first quarter worth $30,000. Anfield Capital Management LLC lifted its stake in Vanguard Total Bond Market ETF by 4,650.0% in the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares in the last quarter. CVA Family Office LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after purchasing an additional 399 shares during the last quarter. Ridgewood Investments LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at about $38,000. Finally, Family Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the second quarter valued at about $40,000.

Vanguard Total Bond Market ETF Trading Up 0.1 %

NASDAQ:BND opened at $75.34 on Wednesday. The business’s 50-day moving average is $74.27 and its 200 day moving average is $72.71. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.2255 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

About Vanguard Total Bond Market ETF

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.