Journey Advisory Group LLC Sells 533,127 Shares of Vanguard Total Bond Market ETF $BND

Journey Advisory Group LLC lessened its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 96.9% during the first quarter, Holdings Channel.com reports. The firm owned 16,926 shares of the company’s stock after selling 533,127 shares during the quarter. Journey Advisory Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,246,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. increased its holdings in Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Total Bond Market ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after buying an additional 4,285,563 shares during the period. Creative Planning lifted its holdings in Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares during the period. Morgan Stanley grew its position in shares of Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after buying an additional 16,287,510 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after buying an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.82 on Thursday. The stock has a 50-day moving average of $73.12 and a 200-day moving average of $73.73. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.