Opes Wealth Management LLC Decreases Stake in Vanguard Total Bond Market ETF $BND

Opes Wealth Management LLC trimmed its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 60.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,826 shares of the company’s stock after selling 7,248 shares during the period. Opes Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $359,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BND. Charis Legacy Partners LLC lifted its position in Vanguard Total Bond Market ETF by 20.9% during the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock worth $4,093,000 after acquiring an additional 9,519 shares in the last quarter. HighTower Advisors LLC grew its position in Vanguard Total Bond Market ETF by 6.1% in the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock valued at $296,769,000 after acquiring an additional 227,732 shares in the last quarter. Alesco Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 14.9% during the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after purchasing an additional 294,238 shares during the period. Estate Counselors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 6.3% during the third quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock valued at $14,507,000 after purchasing an additional 11,590 shares during the period. Finally, D.A. Davidson & CO. lifted its position in shares of Vanguard Total Bond Market ETF by 1.4% during the third quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after purchasing an additional 6,843 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.98 on Wednesday. The firm has a fifty day simple moving average of $74.36 and a 200-day simple moving average of $74.38. Vanguard Total Bond Market ETF has a twelve month low of $71.41 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.2278 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.