Orgel Wealth Management Bolsters Its Portfolio With Vanguard Total Bond Market ETF Shares

In a notable move during the third quarter, Orgel Wealth Management LLC has increased its investment in the Vanguard Total Bond Market ETF (NASDAQ:BND), evidencing the company's confidence in the ETF's prospects. A filing with the Securities and Exchange Commission revealed that Orgel Wealth Management enhanced its shareholding by 1.6%, now owning a significant total of 4,843,069 shares, which were bolstered by an additional purchase of 75,760 shares.

Vanguard Total Bond Market ETF now represents 11.4% of Orgel Wealth Management's portfolio, ascending to the rank of the third-largest holding within its investment mix. With a current valuation of $337.95 million, Orgel Wealth Management's stake in BND signifies a weighty portion of its overall investment strategy, owning about 0.36% of the ETF.

Other Major Investment Movements

Orgel Wealth Management is not alone in adjusting its positions in Vanguard Total Bond Market ETF. The period has witnessed several large investors tweaking their investments in BND. Milestone Investment Advisors LLC significantly increased its stake by 505.3% in the first quarter. Similarly, Tilia Fiduciary Partners Inc. raised its holdings by 70.4% in the second quarter, while Northern Trust Corp and Steward Financial Group LLC also made noteworthy new investments or increases to their existing positions in previous quarters.

Performance and Dividend Increase of Vanguard Total Bond Market ETF

The ETF has shown a positive trading trend, with its stock price going up by 0.5% on a noted trading day, signaling a potentially strong position in the market. Moreover, Vanguard Total Bond Market ETF has also increased its monthly dividend payout, enhancing shareholder returns. This move is indicative of the company's solid financial health and commitment to providing value to its investors.

An Overview of Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF primarily focuses on investment-grade fixed income securities, tracking a broad index representative of U.S. dollar-denominated bonds. Since its inception on April 3, 2007, the ETF has been managed by Vanguard, a major player in the ETF space, known for its wide range of investment products and extensive experience in fund management.

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