Argonautica Private Wealth Management Inc. Lowers Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Argonautica Private Wealth Management Inc. decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,562 shares of the company’s stock after selling 1,385 shares during the quarter. Argonautica Private Wealth Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $776,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of BND. Grimes & Company Inc. boosted its position in Vanguard Total Bond Market ETF by 0.8% during the 1st quarter. Grimes & Company Inc. now owns 18,612 shares of the company’s stock worth $1,367,000 after purchasing an additional 146 shares during the period. Catalyst Financial Partners LLC increased its stake in shares of Vanguard Total Bond Market ETF by 1.1% in the first quarter. Catalyst Financial Partners LLC now owns 13,735 shares of the company’s stock valued at $1,009,000 after purchasing an additional 150 shares during the period. May Hill Capital LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 0.9% in the first quarter. May Hill Capital LLC now owns 17,380 shares of the company’s stock valued at $1,277,000 after acquiring an additional 152 shares in the last quarter. Freedom Investment Management Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 3.5% in the fourth quarter. Freedom Investment Management Inc. now owns 4,593 shares of the company’s stock valued at $330,000 after acquiring an additional 154 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in Vanguard Total Bond Market ETF by 14.9% during the first quarter. Harbor Investment Advisory LLC now owns 1,194 shares of the company’s stock worth $88,000 after buying an additional 155 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2%

Shares of Vanguard Total Bond Market ETF stock opened at $73.03 on Thursday. The firm’s 50-day simple moving average is $72.76 and its 200-day simple moving average is $72.68. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Tuesday, July 1st were paid a $0.2353 dividend. This represents a $2.82 annualized dividend and a yield of 3.87%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.