Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by HM Payson & Co.

HM Payson & Co. cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 13,100 shares of the company’s stock after selling 400 shares during the quarter. HM Payson & Co.’s holdings in Vanguard Total Bond Market ETF were worth $984,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC grew its holdings in Vanguard Total Bond Market ETF by 22.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 283,625 shares of the company’s stock valued at $20,600,000 after purchasing an additional 52,000 shares during the period. Ashton Thomas Private Wealth LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 40.5% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 11,802 shares of the company’s stock worth $857,000 after buying an additional 3,401 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 23.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 36,569 shares of the company’s stock worth $2,656,000 after buying an additional 7,022 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Vanguard Total Bond Market ETF by 37.1% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 178,815 shares of the company’s stock worth $12,987,000 after buying an additional 48,409 shares during the period. Finally, Blue Trust Inc. boosted its holdings in Vanguard Total Bond Market ETF by 100.9% in the first quarter. Blue Trust Inc. now owns 18,983 shares of the company’s stock valued at $1,379,000 after acquiring an additional 9,535 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.05 on Friday. The stock has a 50-day moving average price of $74.45 and a two-hundred day moving average price of $73.05. Vanguard Total Bond Market ETF has a 12-month low of $68.45 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2255 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.