Vanguard Total Bond Market ETF $BND Shares Sold by Rathbones Group PLC

Rathbones Group PLC trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 25.7% during the first quarter, HoldingsChannel.com reports. The firm owned 38,822 shares of the company’s stock after selling 13,410 shares during the quarter. Rathbones Group PLC’s holdings in Vanguard Total Bond Market ETF were worth $2,859,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of BND. USAdvisors Wealth Management LLC raised its holdings in Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares during the period. BCO Wealth Management LLC grew its stake in Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after buying an additional 143 shares during the period. Novak & Powell Financial Services Inc. increased its position 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 worth $1,064,000 after acquiring an additional 149 shares in the last quarter. Cornerstone Management Inc. increased its position 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 worth $324,000 after acquiring an additional 152 shares in the last quarter. Finally, Evoke Wealth LLC raised its stake in shares of Vanguard Total Bond Market ETF by 0.7% in the 4th quarter. Evoke Wealth LLC now owns 21,983 shares of the company’s stock valued at $1,628,000 after acquiring an additional 152 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.44 on Wednesday. The company’s fifty day simple moving average is $72.96 and its 200-day simple moving average is $73.56. Vanguard Total Bond Market ETF has a 52 week low of $72.07 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, August 5th. Investors of record on Monday, August 3rd will be issued a $0.2516 dividend. The ex-dividend date is Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.2%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24.

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.