National Wealth Management Group LLC Cuts Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

National Wealth Management Group LLC cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,728 shares of the company’s stock after selling 984 shares during the period. Vanguard Total Bond Market ETF comprises about 1.5% of National Wealth Management Group LLC’s portfolio, making the stock its 19th biggest position. National Wealth Management Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,233,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of BND. Anfield Capital Management LLC increased its stake in Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares during the period. CVA Family Office LLC grew its position in shares of Vanguard Total Bond Market ETF by 443.3% during the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after buying an additional 399 shares in the last quarter. Ridgewood Investments LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the second quarter worth about $38,000. Family Asset Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the second quarter worth about $40,000. Finally, American National Bank acquired a new position in shares of Vanguard Total Bond Market ETF during the second quarter worth about $44,000.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.33 on Thursday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The business has a 50-day simple moving average of $73.61 and a 200-day simple moving average of $73.30.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.2276 per share. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.73%.

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.