Financial & Tax Architects LLC Cuts Position in Vanguard Total Bond Market ETF $BND

Financial & Tax Architects LLC reduced its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.1% in the third quarter, HoldingsChannel reports. The firm owned 106,368 shares of the company’s stock after selling 11,999 shares during the period. Vanguard Total Bond Market ETF makes up approximately 1.7% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 18th largest position. Financial & Tax Architects LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,911,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Modus Advisors LLC grew its stake in Vanguard Total Bond Market ETF by 15.9% in the third quarter. Modus Advisors LLC now owns 9,063 shares of the company’s stock valued at $674,000 after purchasing an additional 1,245 shares during the last quarter. Waterloo Capital L.P. boosted its holdings in shares of Vanguard Total Bond Market ETF by 46.3% in the 3rd quarter. Waterloo Capital L.P. now owns 6,087 shares of the company’s stock valued at $453,000 after buying an additional 1,926 shares in the last quarter. Harmony Asset Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 13.2% in the 3rd quarter. Harmony Asset Management LLC now owns 7,007 shares of the company’s stock worth $521,000 after buying an additional 818 shares during the last quarter. Black Diamond Financial LLC grew its position in shares of Vanguard Total Bond Market ETF by 12.7% in the 3rd quarter. Black Diamond Financial LLC now owns 3,434 shares of the company’s stock worth $255,000 after buying an additional 388 shares during the last quarter. Finally, Stordahl Capital Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 0.6% during the 3rd quarter. Stordahl Capital Management Inc. now owns 501,556 shares of the company’s stock worth $37,301,000 after acquiring an additional 2,991 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $74.22 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.15. The firm has a 50 day moving average of $74.19 and a 200 day moving average of $74.16.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.2455 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.