Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Position Reduced by Burney Co.

Burney Co. decreased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,489 shares of the company’s stock after selling 515 shares during the quarter. Burney Co.’s holdings in Vanguard Total Bond Market ETF were worth $762,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Marquette Asset Management LLC bought a new position in Vanguard Total Bond Market ETF during the first quarter valued at approximately $30,000. Lee Financial Co acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $31,000. ORG Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth $42,000. Creative Capital Management Investments LLC bought a new stake in Vanguard Total Bond Market ETF in the first quarter worth $42,000. Finally, Heritage Wealth Advisors bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at about $42,000.

Vanguard Total Bond Market ETF Stock Performance

BND traded up $0.84 during trading on Friday, hitting $74.41. The stock had a trading volume of 6,476,348 shares, compared to its average volume of 6,886,658. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $74.44. The company has a 50 day simple moving average of $72.42 and a 200-day simple moving average of $72.14.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 5th. Stockholders of record on Thursday, August 1st will be given a $0.2239 dividend. This represents a $2.69 annualized dividend and a dividend yield of 3.61%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date is Thursday, August 1st.

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.