Foundations Investment Advisors LLC Trims Stock Position in Vanguard Total Bond Market ETF $BND

Foundations Investment Advisors LLC lessened its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,122 shares of the company’s stock after selling 8,008 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,527,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of BND. Baker Avenue Asset Management LP boosted its position in Vanguard Total Bond Market ETF by 6.0% in the 4th quarter. Baker Avenue Asset Management LP now owns 1,281,726 shares of the company’s stock worth $94,937,000 after purchasing an additional 73,093 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $139,000. IFG Advisory LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 41.1% in the 4th quarter. IFG Advisory LLC now owns 7,224 shares of the company’s stock valued at $535,000 after purchasing an additional 2,103 shares during the period. MidAtlantic Capital Management Inc. boosted its holdings in Vanguard Total Bond Market ETF by 4.6% during the fourth quarter. MidAtlantic Capital Management Inc. now owns 6,222 shares of the company’s stock worth $461,000 after buying an additional 271 shares in the last quarter. Finally, Swmg LLC boosted its holdings in Vanguard Total Bond Market ETF by 5.7% during the fourth quarter. Swmg LLC now owns 14,742 shares of the company’s stock worth $1,094,000 after buying an additional 799 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.1%

BND opened at $73.46 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.19 and a fifty-two week high of $75.23. The company has a fifty day moving average of $73.44 and a two-hundred day moving average of $74.01.

Vanguard Total Bond Market ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.2417 per share. The ex-dividend date was Friday, 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.