Financial & Tax Architects LLC Lowers Stock Holdings in Vanguard Total Bond Market ETF $BND

Financial & Tax Architects LLC reduced its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 90.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 8,317 shares of the company’s stock after selling 74,888 shares during the quarter. Financial & Tax Architects LLC’s holdings in Vanguard Total Bond Market ETF were worth $612,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. USAdvisors Wealth Management LLC lifted its position in shares of Vanguard Total Bond Market ETF by 2.3% during the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after purchasing an additional 141 shares in the last quarter. BCO Wealth Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 0.3% in the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after purchasing an additional 143 shares during the period. Centurion Wealth Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after purchasing an additional 146 shares in the last quarter. Novak & Powell Financial Services Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after purchasing an additional 149 shares in the last quarter. Finally, Cornerstone Management Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after purchasing an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4%

Shares of BND opened at $73.41 on Wednesday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23. The firm’s 50 day moving average price is $73.29 and its 200 day moving average price is $73.83.

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 paid a $0.2473 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend 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.