Ellenbecker Investment Group Reduces Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Ellenbecker Investment Group trimmed its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 27.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 38,928 shares of the company’s stock after selling 14,743 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 0.5% of Ellenbecker Investment Group’s portfolio, making the stock its 21st biggest position. Ellenbecker Investment Group’s holdings in Vanguard Total Bond Market ETF were worth $2,799,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Oppenheimer & Co. Inc. grew its stake in Vanguard Total Bond Market ETF by 7.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 42,042 shares of the company’s stock worth $3,029,000 after acquiring an additional 2,805 shares during the period. Mesirow Financial Investment Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 2.3% in the second quarter. Mesirow Financial Investment Management Inc. now owns 41,423 shares of the company’s stock valued at $2,985,000 after purchasing an additional 950 shares during the period. Topel & Distasi Wealth Management LLC increased its stake in Vanguard Total Bond Market ETF by 3.7% in the second quarter. Topel & Distasi Wealth Management LLC now owns 12,841 shares of the company’s stock valued at $925,000 after purchasing an additional 454 shares during the last quarter. Citizens Financial Group Inc. RI lifted its position in Vanguard Total Bond Market ETF by 9.5% during the second quarter. Citizens Financial Group Inc. RI now owns 8,178 shares of the company’s stock worth $589,000 after buying an additional 709 shares during the period. Finally, SigFig Wealth Management LLC lifted its position in Vanguard Total Bond Market ETF by 2.3% during the second quarter. SigFig Wealth Management LLC now owns 94,359 shares of the company’s stock worth $6,798,000 after buying an additional 2,114 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.1 %

Shares of BND stock opened at $71.17 on Tuesday. The firm’s 50-day simple moving average is $72.54 and its 200-day simple moving average is $73.41. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.