Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC lowered its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 225,022 shares of the company’s stock after selling 40,779 shares during the period. Vanguard Total Bond Market ETF comprises approximately 1.3% of Phillips Financial Management LLC’s holdings, making the stock its 22nd largest position. Phillips Financial Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $16,181,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BND. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after acquiring an additional 4,687,550 shares during the period. Essential Planning LLC. lifted its position in shares of Vanguard Total Bond Market ETF by 6,541.0% during the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after acquiring an additional 45,154,186 shares during the period. Wealthfront Advisers LLC raised its position in shares of Vanguard Total Bond Market ETF by 2,218.3% during the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after purchasing an additional 28,060,256 shares during the last quarter. Allworth Financial LP raised its position in shares of Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after purchasing an additional 1,664,458 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after purchasing an additional 518,083 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.91 on Thursday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The business has a 50 day moving average price of $72.39 and a 200 day moving average price of $73.20.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.2195 dividend. The ex-dividend date was Monday, March 3rd.

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.