Valley Wealth Managers Inc. Trims Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Valley Wealth Managers Inc. trimmed its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,832 shares of the company’s stock after selling 196 shares during the period. Valley Wealth Managers Inc.’s holdings in Vanguard Total Bond Market ETF were worth $138,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. Creative Planning lifted its position in Vanguard Total Bond Market ETF by 11.5% in the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after buying an additional 8,691,058 shares during the last quarter. Arizona PSPRS Trust acquired a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth approximately $472,909,000. Vanguard Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after purchasing an additional 6,253,040 shares during the period. Axiom Advisory LLC increased its holdings in Vanguard Total Bond Market ETF by 20.7% in the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after purchasing an additional 4,794,485 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in Vanguard Total Bond Market ETF by 123.9% in the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after purchasing an additional 2,660,678 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $72.48 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The business has a fifty day simple moving average of $74.02 and a 200-day simple moving average of $73.20.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2276 per share. This represents a $2.73 dividend on an annualized basis and a yield of 3.77%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st.

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.