Flagstar Advisors Inc. Reduces Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Flagstar Advisors Inc. lowered its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,053 shares of the company’s stock after selling 1,570 shares during the period. Flagstar Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Baystate Wealth Management LLC grew its position in Vanguard Total Bond Market ETF by 0.7% during the 4th quarter. Baystate Wealth Management LLC now owns 461,665 shares of the company’s stock worth $33,956,000 after purchasing an additional 3,040 shares during the period. Fiducient Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 6.2% in the 4th quarter. Fiducient Advisors LLC now owns 581,081 shares of the company’s stock valued at $42,739,000 after purchasing an additional 33,692 shares during the period. Vanguard Group Inc. grew its position in Vanguard Total Bond Market ETF by 27.0% during the third quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock valued at $1,764,089,000 after buying an additional 5,367,298 shares during the period. IMA Wealth Inc. increased its holdings in Vanguard Total Bond Market ETF by 4.2% in the third quarter. IMA Wealth Inc. now owns 158,763 shares of the company’s stock valued at $11,078,000 after buying an additional 6,452 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in shares of Vanguard Total Bond Market ETF by 39.8% in the fourth quarter. Chicago Partners Investment Group LLC now owns 101,836 shares of the company’s stock worth $7,380,000 after acquiring an additional 28,986 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.5 %

Shares of BND stock traded down $0.34 during mid-day trading on Wednesday, hitting $72.26. 5,910,433 shares of the stock were exchanged, compared to its average volume of 7,162,185. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $73.92. The firm has a fifty day moving average of $71.64 and a 200 day moving average of $72.23.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a $0.219 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.21.

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.