Capital Asset Advisory Services LLC Has $39.50 Million Stock Position in Vanguard Total Bond Market ETF $BND

Capital Asset Advisory Services LLC increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 81.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 533,714 shares of the company’s stock after buying an additional 240,150 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 1.4% of Capital Asset Advisory Services LLC’s holdings, making the stock its 22nd biggest holding. Capital Asset Advisory Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $39,500,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. EJMK Ventures LLC increased its stake in shares of Vanguard Total Bond Market ETF by 15.5% in the first quarter. EJMK Ventures LLC now owns 5,963 shares of the company’s stock valued at $439,000 after buying an additional 801 shares during the period. Essex Financial Services Inc. boosted its holdings in Vanguard Total Bond Market ETF by 60.6% in the first quarter. Essex Financial Services Inc. now owns 6,037 shares of the company’s stock valued at $445,000 after acquiring an additional 2,277 shares during the last quarter. RKL Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF in the first quarter valued at approximately $518,000. Alaska Wealth Advisors LLC increased its position in Vanguard Total Bond Market ETF by 5.1% during the 1st quarter. Alaska Wealth Advisors LLC now owns 1,190,886 shares of the company’s stock valued at $87,697,000 after purchasing an additional 57,893 shares during the period. Finally, Squire Investment Management Company LLC increased its position in Vanguard Total Bond Market ETF by 24.5% during the 1st quarter. Squire Investment Management Company LLC now owns 30,582 shares of the company’s stock valued at $2,252,000 after purchasing an additional 6,019 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.06 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23. The firm has a 50 day moving average price of $73.27 and a two-hundred day moving average price of $73.82.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.2445 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.