Sequoia Financial Advisors LLC Cuts Stake in Vanguard Total Bond Market ETF $BND

Sequoia Financial Advisors LLC cut its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) by 18.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 112,706 shares of the company’s stock after selling 25,764 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,300,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. William Howard & Co Financial Advisors Inc grew its position in Vanguard Total Bond Market ETF by 0.6% during the 1st quarter. William Howard & Co Financial Advisors Inc now owns 60,870 shares of the company’s stock valued at $4,482,000 after purchasing an additional 338 shares during the last quarter. Manning & Napier Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 5.7% in the first quarter. Manning & Napier Advisors LLC now owns 538,041 shares of the company’s stock worth $39,621,000 after buying an additional 28,816 shares during the last quarter. Graetz Wealth LLC raised its holdings in Vanguard Total Bond Market ETF by 12.2% in the first quarter. Graetz Wealth LLC now owns 68,541 shares of the company’s stock worth $5,047,000 after buying an additional 7,471 shares during the last quarter. Sonata Capital Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 5.2% in the first quarter. Sonata Capital Group Inc. now owns 8,129 shares of the company’s stock worth $599,000 after buying an additional 400 shares in the last quarter. Finally, Yukon Wealth Management Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 12.6% in the first quarter. Yukon Wealth Management Inc. now owns 59,616 shares of the company’s stock worth $4,390,000 after buying an additional 6,670 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.1%

Shares of NASDAQ:BND traded down $0.06 during trading on Friday, reaching $72.77. 7,170,406 shares of the stock traded hands, compared to its average volume of 8,976,262. The stock has a 50-day moving average of $73.16 and a two-hundred day moving average of $73.76. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

Vanguard Total Bond Market ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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