Cutler Investment Counsel LLC Reduces Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cutler Investment Counsel LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 34.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 26,171 shares of the company’s stock after selling 13,634 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Raymond James & Associates raised its holdings in shares of Vanguard Total Bond Market ETF by 16.1% in the third quarter. Raymond James & Associates now owns 2,582,073 shares of the company’s stock worth $193,940,000 after buying an additional 357,909 shares during the last quarter. Whitaker Myers Wealth Managers LTD. grew its holdings in shares of Vanguard Total Bond Market ETF by 18.2% during the third quarter. Whitaker Myers Wealth Managers LTD. now owns 9,975 shares of the company’s stock valued at $749,000 after buying an additional 1,534 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at $208,000. Benchmark Wealth Management LLC lifted its position in Vanguard Total Bond Market ETF by 4.8% during the 3rd quarter. Benchmark Wealth Management LLC now owns 345,524 shares of the company’s stock worth $25,952,000 after acquiring an additional 15,682 shares during the period. Finally, Powers Advisory Group LLC grew its stake in Vanguard Total Bond Market ETF by 7.8% during the 3rd quarter. Powers Advisory Group LLC now owns 112,025 shares of the company’s stock valued at $8,414,000 after purchasing an additional 8,115 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.53 on Monday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The stock’s 50-day simple moving average is $72.15 and its 200-day simple moving average is $73.34.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF Company 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.