Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lowered its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,346,725 shares of the company’s stock after selling 83,665 shares during the period. Franklin Resources Inc. owned 0.20% of Vanguard Total Bond Market ETF worth $240,663,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Summit Financial LLC increased its holdings in Vanguard Total Bond Market ETF by 8.3% in the fourth quarter. Summit Financial LLC now owns 99,748 shares of the company’s stock valued at $7,173,000 after buying an additional 7,604 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of Vanguard Total Bond Market ETF by 3.3% in the 4th quarter. Alliancebernstein L.P. now owns 842,804 shares of the company’s stock worth $60,606,000 after acquiring an additional 27,024 shares in the last quarter. C M Bidwell & Associates Ltd. increased its holdings in shares of Vanguard Total Bond Market ETF by 7.8% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 55,918 shares of the company’s stock valued at $4,021,000 after acquiring an additional 4,069 shares during the last quarter. Partners in Financial Planning acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $61,401,000. Finally, Ameraudi Asset Management Inc. lifted its stake in Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Ameraudi Asset Management Inc. now owns 221,568 shares of the company’s stock worth $15,933,000 after purchasing an additional 19,651 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.0 %

Vanguard Total Bond Market ETF stock opened at $73.44 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The company has a fifty day moving average price of $72.80 and a two-hundred day moving average price of $73.02.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be issued a $0.2404 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 annualized dividend and a dividend yield of 3.93%.

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.