Main Line Retirement Advisors LLC Sells 12,790 Shares of Vanguard Total Bond Market ETF $BND
by Danessa Lincoln · The Markets DailyMain Line Retirement Advisors LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND – Free Report) by 9.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 116,661 shares of the company’s stock after selling 12,790 shares during the period. Vanguard Total Bond Market ETF comprises approximately 6.0% of Main Line Retirement Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Main Line Retirement Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,580,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of BND. Creative Planning boosted its position in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Total Bond Market ETF by 4.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock valued at $9,768,240,000 after acquiring an additional 5,476,153 shares in the last quarter. Sei Investments Co. boosted its holdings in Vanguard Total Bond Market ETF by 46.9% during the 2nd quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock worth $1,147,087,000 after acquiring an additional 4,971,692 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 7.0% in the 3rd quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after acquiring an additional 4,719,267 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Vanguard Total Bond Market ETF by 25.7% in the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after purchasing an additional 4,686,304 shares during the last quarter.
Vanguard Total Bond Market ETF Price Performance
BND opened at $73.58 on Friday. The company’s 50-day moving average is $74.16 and its 200 day moving average is $74.31. Vanguard Total Bond Market ETF has a fifty-two week low of $71.41 and a fifty-two week high of $75.23.
Vanguard Total Bond Market ETF Increases Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st will be paid a $0.25 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. The ex-dividend date is Wednesday, April 1st. This represents a c) annualized dividend 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.
See Also
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