Welch & Forbes LLC Sells 630 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Welch & Forbes LLC cut its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,910 shares of the company’s stock after selling 630 shares during the period. Welch & Forbes LLC’s holdings in Vanguard Total Bond Market ETF were worth $508,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Creative Planning lifted its position in Vanguard Total Bond Market ETF by 11.7% in the third quarter. Creative Planning now owns 55,509,448 shares of the company’s stock worth $3,873,449,000 after buying an additional 5,800,676 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard Total Bond Market ETF by 27.0% during the 3rd quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after acquiring an additional 5,367,298 shares during the period. US Bancorp DE lifted its position in Vanguard Total Bond Market ETF by 828.6% during the third quarter. US Bancorp DE now owns 3,411,334 shares of the company’s stock valued at $238,043,000 after purchasing an additional 3,043,989 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 294.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,841,414 shares of the company’s stock valued at $268,054,000 after buying an additional 2,866,691 shares during the period. Finally, LPL Financial LLC boosted its position in Vanguard Total Bond Market ETF by 8.0% in the 3rd quarter. LPL Financial LLC now owns 33,541,772 shares of the company’s stock worth $2,340,545,000 after purchasing an additional 2,478,188 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND traded down $0.11 during trading hours on Wednesday, reaching $71.45. The company’s stock had a trading volume of 2,050,101 shares, compared to its average volume of 7,748,663. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.24. The company’s 50-day moving average is $71.74 and its two-hundred day moving average is $71.82.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a $0.2138 dividend. The ex-dividend date of this dividend was Wednesday, May 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.