SAM Advisors LLC Trims Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

SAM Advisors LLC decreased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 97.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,559 shares of the company’s stock after selling 267,053 shares during the period. SAM Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. Cable Hill Partners LLC raised its stake in shares of Vanguard Total Bond Market ETF by 21.9% during the 3rd quarter. Cable Hill Partners LLC now owns 6,322 shares of the company’s stock valued at $475,000 after buying an additional 1,135 shares during the last quarter. Kovack Advisors Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 49.8% during the 3rd quarter. Kovack Advisors Inc. now owns 4,642 shares of the company’s stock valued at $349,000 after buying an additional 1,544 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 7.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 45,221 shares of the company’s stock valued at $3,397,000 after buying an additional 3,179 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of Vanguard Total Bond Market ETF by 31.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,447 shares of the company’s stock valued at $106,000 after buying an additional 342 shares during the last quarter. Finally, Pinnacle Financial Partners Inc raised its stake in shares of Vanguard Total Bond Market ETF by 25.5% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 3,540 shares of the company’s stock valued at $266,000 after buying an additional 720 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.0 %

NASDAQ BND opened at $72.48 on Thursday. The stock has a 50-day simple moving average of $74.12 and a two-hundred day simple moving average of $73.19. Vanguard Total Bond Market ETF has a fifty-two week low of $70.03 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2276 dividend. This represents a $2.73 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly 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.