Wells Financial Advisors INC Lowers Position in Vanguard Total Bond Market ETF $BND

Wells Financial Advisors INC trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 61.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,692 shares of the company’s stock after selling 7,479 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 1.6% of Wells Financial Advisors INC’s portfolio, making the stock its 20th largest holding. Wells Financial Advisors INC’s holdings in Vanguard Total Bond Market ETF were worth $346,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley increased its position in Vanguard Total Bond Market ETF by 15.0% during the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares during the period. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after buying an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. boosted its stake 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 valued at $5,844,363,000 after buying an additional 6,989,480 shares in the last quarter. Finally, Valpey Financial Services LLC grew its holdings in Vanguard Total Bond Market ETF by 7,708.3% during the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after acquiring an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.86 on Monday. The business’s fifty day moving average price is $73.09 and its 200 day moving average price is $73.71. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 1st.

About Vanguard Total Bond Market ETF

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.