D.A. Davidson & CO. Sells 2,855 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

D.A. Davidson & CO. cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 393,830 shares of the company’s stock after selling 2,855 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Total Bond Market ETF were worth $29,581,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Anfield Capital Management LLC raised its stake in Vanguard Total Bond Market ETF by 4,650.0% during the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after buying an additional 465 shares during the period. CVA Family Office LLC raised its position in shares of Vanguard Total Bond Market ETF by 443.3% during the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth $38,000. Family Asset Management LLC acquired a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at $40,000. Finally, American National Bank bought a new stake in Vanguard Total Bond Market ETF during the 2nd quarter valued at $44,000.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.26 on Tuesday. The company’s fifty day moving average price is $73.70 and its two-hundred day moving average price is $73.29. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.2276 dividend. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

Vanguard Total Bond Market ETF 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.