Vanguard Total Bond Market ETF $BND Shares Sold by Stone Summit Wealth LLC

Stone Summit Wealth LLC reduced its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 60.1% during the fourth quarter, Holdings Channel reports. The firm owned 8,898 shares of the company’s stock after selling 13,378 shares during the period. Stone Summit Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $659,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BND. HighTower Advisors LLC lifted 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 buying an additional 227,732 shares during the last quarter. Alesco Advisors LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 14.9% during the 3rd quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after acquiring an additional 294,238 shares during the last quarter. Estate Counselors LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the 3rd quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock valued at $14,507,000 after acquiring an additional 11,590 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of Vanguard Total Bond Market ETF by 1.4% in the 3rd quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock valued at $37,407,000 after acquiring an additional 6,843 shares in the last quarter. Finally, BAM Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $920,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $74.01 on Tuesday. The firm has a fifty day simple moving average of $74.07 and a 200-day simple moving average of $74.26. Vanguard Total Bond Market ETF has a 1-year low of $71.76 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.25 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.