Friedenthal Financial Sells 12,065 Shares of Vanguard Total Bond Market ETF $BND

Friedenthal Financial cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 30.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,612 shares of the company’s stock after selling 12,065 shares during the period. Vanguard Total Bond Market ETF comprises approximately 1.1% of Friedenthal Financial’s portfolio, making the stock its 23rd biggest holding. Friedenthal Financial’s holdings in Vanguard Total Bond Market ETF were worth $2,045,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in Vanguard Total Bond Market ETF by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock valued at $9,768,240,000 after buying an additional 5,476,153 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Total Bond Market ETF by 3.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 126,617,235 shares of the company’s stock valued at $9,416,524,000 after purchasing an additional 4,214,874 shares during the period. Creative Planning grew its holdings in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares during the period. Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 7.0% during the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock valued at $5,348,226,000 after purchasing an additional 4,719,267 shares during the period. Finally, Bank of America Corp DE grew its holdings in Vanguard Total Bond Market ETF by 25.7% during the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after purchasing an additional 4,686,304 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $74.06 on Friday. The stock has a fifty day simple moving average of $74.08 and a two-hundred day simple moving average of $74.26. Vanguard Total Bond Market ETF has a 1-year low of $71.76 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.25 per share. This represents a c) annualized dividend and a yield of 4.1%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, April 1st.

Vanguard Total Bond Market ETF Company 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.