TIAA Trust National Association Cuts Stake in Vanguard Total Bond Market ETF $BND

TIAA Trust National Association reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.5% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,318,306 shares of the company’s stock after selling 187,651 shares during the quarter. TIAA Trust National Association’s holdings in Vanguard Total Bond Market ETF were worth $171,717,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC increased its position in shares of 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 worth $296,769,000 after purchasing an additional 227,732 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth approximately $524,000. BlueStem Wealth Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 6.1% in the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock worth $19,429,000 after purchasing an additional 14,988 shares during the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Vanguard Total Bond Market ETF by 3.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after purchasing an additional 46,340 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.81 on Tuesday. The company’s 50 day moving average is $73.40 and its 200 day moving average is $73.96. Vanguard Total Bond Market ETF has a 1-year low of $72.20 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.2473 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, June 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.